Santander parts with ‘sensible’ premium ahead of busy TLAC schedule

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Santander parts with ‘sensible’ premium ahead of busy TLAC schedule

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The Banco Santander logo is seen on a mobile device in this photo illustration on March 17, 2019 in Warsaw, Poland. Banco Santander is based in Santander, Spain and is Europe's fifth largest bank. (Photo by Jaap Arriens / Sipa USA) | Jaap Arriens/SIPA USA/PA Images

Banco Santander included a small premium in the pricing for its latest non-preferred senior bond this week, as the bank looked ahead to a busy year for issuance in the asset class.

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