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Santander plans to offer fixed-rate, floating-rate notes in two parts
By Devika Patel
Knoxville, Tenn., Oct. 27 – Santander UK plc intends to offer senior notes in two tranches, according to a 424B5 filing with the Securities and Exchange Commission.
The notes will be sold in one fixed-rate tranche and one floating-rate tranche, with both notes due in 2020.
The notes will be non-callable.
BofA Merrill Lynch, Goldman Sachs & Co., Nomura, Santander Investment Securities Inc. and UBS Securities LLC are the bookrunners.
Proceeds will be used for general corporate purposes.
The financial services company is based in London.
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