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Banco Santander issues EUR 2 million 3-year express memory coupon notes tied to bank stock basket

PUBT·07/27/2026 07:11:22
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Banco Santander issues EUR 2 million 3-year express memory coupon notes tied to bank stock basket
  • Banco Santander launched a EUR 2 million Titoli 3Y EUR Express Memory Coupon issuance linked to a basket of European bank equities.
  • The securities are issued by Santander International Products, guaranteed by Santander, governed by English law, with ISIN IT0006777715.
  • The deal has a 3-year tenor from Aug. 3, 2026, with possible monthly autocall from Aug. 3, 2027 through maturity on Aug. 3, 2029.
  • Coupons pay 1.13% monthly through Aug. 3, 2027, then become conditional on the worst-performing share staying at or above 40%.
  • Final redemption pays 100% if the worst-of performance is at least 40%; otherwise repayment tracks the worst-of performance, implying capital risk.


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 24, 2026, and is solely responsible for the information contained therein.