Loan & DebtJul 7, 2026, 06:06 AM
Santander Brasil Issues R$1.38B Financial Bills for Level II Capital
AI Summary
Banco Santander (Brasil) S.A. announced the issuance of financial bills with a subordination clause, totaling R$ 1,386,600,000.00. These bills, issued to private investors, will be used to compose Level II of the Company's Reference Equity, impacting its Level II capitalization ratio. The financial bills have a maturity of ten years, with a repurchase option available from 2031.
Key Highlights
- Issued financial bills with a subordination clause.
- Total aggregated amount of R$ 1,386,600,000.00.
- Proceeds to compose Level II of Reference Equity.
- Financial Bills have a maturity of ten (10) years.
- Repurchase option available as of 2031.
- Issued in negotiations with private investors.
- Impacts Level II capitalization ratio per BCB Resolution No. 122.
Price Impact
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