04:33 AM EDT, 10/14/2026 (MT Newswires) -- Banco Santander (SAN.MC, BNC.L) will conduct an optional early redemption of the outstanding $298.4 million of 4.75% non-step-up non-cumulative contingent convertible perpetual preferred tier 1 securities. The New York-listed securities will be redeemed in full on Nov. 12 after the payment of the outstanding nominal amount plus any accrued but unpaid distribution, according to a Wednesday release.

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