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Santander Announces a Cash Tender Offer for Abbey National plc's 7.95% Term Subordinated Securities due October 26, 2029.

Publication: Investment Weekly News
Publication Date: 12-SEP-09
Format: Online
Delivery: Immediate Online Access

Article Excerpt
Banco Santander ("Santander") announced the commencement of a cash tender offer (the "Tender Offer") by its wholly-owned finance subsidiary Santander Financial Exchanges Limited, (the "Company") for any and all of the outstanding 7.95% Term Subordinated Securities due October 26, 2029 of Abbey National plc originally issued in 1999 (the "Notes"). The Tender Offer will expire at...

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