Deal Team

Corporate
Tax

Santander Holdings USA in its $2.5 billion fixed-to-floating rate senior notes offering

On June 2, 2026, Santander Holdings USA, Inc. announced and priced a registered public offering of $1 billion aggregate principal amount of its 5.040% fixed-to-floating rate senior notes due 2030, $750 million aggregate principal amount of its 5.220% fixed-to-floating rate senior notes due 2032 and $750 million aggregate principal amount of its 5.701% fixed-to-floating rate senior notes due 2037.  SHUSA intends to use the net proceeds from the notes offering for general corporate purposes.

Wachtell, Lipton, Rosen & Katz is serving as legal advisor to SHUSA.