SAN 4.750 Perp '26 FRN

AT1

US05971KAH23

IssuerBanco Santander

Issuer LEI5493006QMFDDMYWIAM13

SeniorityAT1

Classification basisFIRDS debt seniority field

Total issued nominalUSD 1,000m

CurrencyUSD

Coupon4.75%

Interest typeFixed rate

Maturity datePerpetual

First trade date2021-05-07

Nominal per unitUSD 200,000

CFIDBFUQR

Reference venue (MIC)CAPI

Trading venues14

StatusActive

First seen2026-07-19

Last seen2026-08-04

Similar instruments

All AT1 instruments

Active fixed rate AT1 instruments in USD with no scheduled maturity, across the entity universe.

Peer instruments

131

Peer median coupon

6.95%

Coupon percentile

21st

ISIN	Issuer	Instrument	Coupon	Maturity	Amount
US83370RAB42	Société Générale	SOCGEN 4.750 5/2026-49 (144a) CO-CO SOCIETE GENERALE	4.75%	Perpetual	USD 1,000m
USG84228EP90	Standard Chartered	STAN 4.750 Perp '31 FRN	4.75%	Perpetual	USD 1,250m
XS2233263586	Handelsbanken	SVENSKA HANDELSBANKEN AB (PUBL) U.S.$500,000,000 4.750 per cent. Additional Tier 1 Contingent Convertible Notes	4.75%	Perpetual	USD 500m
US404280CQ03	HSBC	HSBC HOLDINGS PLC $1,000,000,000 4.700% Perpetual Subordinated Contingent Convertible Securities (Callable During Any 2031 Securities Optional Redemption Period)	4.7%	Perpetual	USD 1,000m
US902613AJ70	UBS Group	UBS 4.875 2/2027-49 (144a) CoCo UBS GROUP	4.875%	Perpetual	USD 1,500m
XS2075280995	DNB	DNB 4.875 Perp '24 FRN	4.875%	Perpetual	USD 850m

US83370RAB42Société Générale

USG84228EP90Standard Chartered

XS2233263586Handelsbanken

US404280CQ03HSBC

US902613AJ70UBS Group

XS2075280995DNB

Other instruments from Banco Santander

Full profile

ISIN	Instrument	Seniority	Coupon	Maturity	Amount
US05971KAY55	SAN 7.250 Perp '35 FRN	AT1	7.25%	Perpetual	USD 1,500m
XS3100756637	BANCO SANTANDER, S.A. €1,500,000,000 6.000 per cent. Non Step Up Non Cumulative Contingent Convertible Perpetual Preferred Tier 1 Securities	AT1	6%	Perpetual	EUR 1,500m
US05964HBH75	SAN 8.000 Perp '34 FRN	AT1	8%	Perpetual	USD 1,500m
XS2817323749	BANCO SANTANDER, S.A. €1,500,000,000 7.000 per cent. Non-Step-Up Non-Cumulative Contingent Convertible Perpetual Preferred Tier 1 Securities	AT1	7%	Perpetual	EUR 1,500m
US05971KAQ22	SAN 9.625 Perp '33 FRN	AT1	9.625%	Perpetual	USD 1,350m
US05971KAP49	SAN 9.625 Perp '28 FRN	AT1	9.625%	Perpetual	USD 1,150m
XS2388378981	BANCO SANTANDER, S.A. €1,000,000,000 3.625 per cent. Non-Step-Up Non-Cumulative Contingent Convertible Perpetual Preferred Tier 1 Securities	AT1	3.625%	Perpetual	EUR 1,000m
XS2342620924	SAN 4.125 Perp '27 FRN	AT1	4.125%	Perpetual	EUR 750m

US05971KAY55SAN 7.250 Perp '35 FRN

XS3100756637BANCO SANTANDER, S.A. €1,500,000,000 6.000 per cent. Non Step Up Non Cumulative Contingent Convertible Perpetual Preferred Tier 1 Securities

US05964HBH75SAN 8.000 Perp '34 FRN

XS2817323749BANCO SANTANDER, S.A. €1,500,000,000 7.000 per cent. Non-Step-Up Non-Cumulative Contingent Convertible Perpetual Preferred Tier 1 Securities

US05971KAQ22SAN 9.625 Perp '33 FRN

US05971KAP49SAN 9.625 Perp '28 FRN

XS2388378981BANCO SANTANDER, S.A. €1,000,000,000 3.625 per cent. Non-Step-Up Non-Cumulative Contingent Convertible Perpetual Preferred Tier 1 Securities

XS2342620924SAN 4.125 Perp '27 FRN