Banco Santander launches EUR 200,000 3-year equity-linked note issuance under EUR 15 billion EMTN programme

• Banco Santander announced a “Titoli 3Y EUR Express Legati ad un Paniere di Azioni” issuance with an issue notional of EUR 200,000.
• The securities are issued by Santander International Products, guaranteed by Santander, under its EUR 15 billion Euro Medium Term Note Programme.
• The instrument pays a fixed 0.92% coupon on each monthly coupon date, subject to automatic early redemption.
• Early redemption can occur from Jan. 4, 2027 if the worst-performing basket stock is at or above 100% of its initial level.
• At maturity on July 9, 2029, principal repayment depends on the worst-performing stock, with capital at risk below a 40% performance level.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Banco Santander SA published the original content used to generate this news brief on July 01, 2026, and is solely responsible for the information contained therein.