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Santander Holdings USA completes cash tender offer

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Santander Holdings USA completes cash tender offer

Santander Holdings USA Inc. completed its cash tender offer for any and all of its outstanding 2.700% senior notes due 2019.

Approximately $485.9 million aggregate principal amount has been validly tendered and not validly withdrawn pursuant to the offer.

The offer expired at 5 p.m. ET on June 29. Santander Holdings accepted for purchase all notes validly tendered and not validly withdrawn, and such notes will be paid for on July 2, the expected initial payment date.

Santander Investment Securities Inc. acted as the sole dealer manager for the offer, and D.F. King & Co., Inc. served as the tender agent and information agent.