Santander issues EUR 30 million debt note linked to Engie shares

(AWP Alliance News) - Banco Santander launched a EUR 30 million issuance of a debt security tied to Engie shares under its Euro Medium Term Note programme. The product, branded "Rendement Mémoire Dégressif Action Engie Décembre 2026," is an autocallable structure issued by Santander International Products plc with a Santander guarantee.

It has a scheduled maturity on Jan. 5, 2035, with potential automatic early redemption from Jan. 5, 2028 if preset performance conditions are met. Coupons are conditional, with a variable payment of 2.75% when the Engie performance level is at least 60%.

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Disclaimer: This news brief was created using generative artificial intelligence. Banco Santander SA published the original content used to generate this news brief on October 13, 2026, and is solely responsible for the information contained therein.