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Published on 5/23/2016 in the Prospect News Investment Grade Daily.

Santander Holdings USA to price senior notes

By Lisa Kerner

Charlotte, N.C., May 23 – Santander Holdings USA Inc. is planning to price an offering of senior notes, according to a 424B3 filed with the Securities and Exchange Commission.

Proceeds will be used for general corporate purposes.

J.P. Morgan Securities LLC, Citigroup Global Markets Inc., Santander Investment Securities Inc. and UBS Investment Bank are the bookrunners.

Boston-based Santander Holdings USA is the parent company of Sovereign Bank. It is a subsidiary of Spain’s Banco Santander, SA.


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