Santander Mexico brings tier two

© 2025 GlobalCapital, Derivia Intelligence Limited, company number 15235970, 4 Bouverie Street, London, EC4Y 8AX. Part of the Delinian group. All rights reserved.

Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement | Event Participant Terms & Conditions

Santander Mexico brings tier two

Santander’s Mexican subsidiary issued the first Basel III-compliant Tier two bond from Latin America on Wednesday, printing $1.3bn of 10 year non-call five cumulative, non-convertible subordinated notes at a spread of 460bp over the five-year US Treasury.

Unlock this article.

The content you are trying to view is exclusive to our subscribers.

To unlock this article:

Request a Free Trial or Login
Gift this article