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Santander Finance Floating Rate (4% Min) Non Cumulative Preferred Stock

By: ,

 

S&P Rating   BBB-   Moodys Rating   Ba2

Security Ticker Symbol   SAN-B

Market Traded ON   NYSE

Dividend Payment Paid on the 5th of March, June, September and December beginning on 12/05/2007

Quarterly Dividend   .250   Annual Dividend   1.000

Dividends will float at a rate of 3 month Libor plus .53% or a minimum of 4%

Securities may be redeemed, at the issuers option, as early as 03/05/2017 for a redemption price of $25/share plus accrued dividends

Dividend Payment Will Likely be a Qualified Distributions

Maturity Date   None

 

Company Investor Relations Page for Santander Finance

Below you can find the offering Prospectus and Final Pricing Document

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