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0 0 0.013089005235602 0.0078534031413612 0.00130890052356018 0 -0.00261780104712048 -0.00589005235602093
Stock impact report

Banco Santander (México), S.A. Announces Cash Tender Offer For Any And All Of Its 5.95% Tier 2 Subordinated Preferred Capital Notes Due 2024

Banco Santander Mexico, S.A., Institucion de Banca Multiple, Grupo Financiero Santander Mexico (BSMX) 
Company Research Source: PR Newswire
MEXICO CITY, Sept. 20, 2018 /PRNewswire/ -- Banco Santander (México), S.A., Institución de Banca Múltiple, Grupo Financiero Santander México (BMV: BSMX; NYSE: BSMX) ("Banco Santander México" or the "Bank") today announced that it has commenced a cash tender offer (the "Tender Offer") in respect of any and all of its outstanding 5.95% Tier 2 subordinated preferred capital notes due 2024 (the "2024 Notes") pursuant to, and subject to the terms and conditions of, an Offer to Purchase dated September 20, 2018 (the "Offer to Purchase") and the related notice of guaranteed delivery. The 2024 Notes were initially issued to institutional and qualified investors pursuant to Rule 144A and Regulation S under the U.S. Securities Act of 1933, as amended (the "Securities Act"), on December 27, 2013, in an aggregate principal amount of U.S. $1,300,000,000. Capitalized terms used in this announcement but not defined herein have the meanings given to them in the Offer to Purchase.Summary of the Offer Show less Read more
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