The Spanish bank continues to see “robust growth” after setting up structured notes programmes for US investors in 2024.
Santander is tapping the US market by branching out of its established structured notes offerings for offshore investors into domestic distribution. The Spanish issuer continues to see “robust growth” after delivering approximately US$200m notional of structured notes for American investors under its US$5 billion Structured Medium Term Note Program, according to a source close to the matter. The Vienna-listed programme comprises notes sold under Section 3(a)(2) and Rule 144A progra