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Santander UK Releases €1.5B Covered Bonds
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Santander UK Releases €1.5B Covered Bonds

Santander UK (GB:SANB) has released an update.

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Santander UK has announced the issuance of €1.5 billion in covered bonds under its €35 billion Global Covered Bond Programme, with two series offering different maturity dates and rates. Series 87 consists of €500 million in floating rate bonds due in 2027, and Series 88 comprises €1 billion in fixed rate bonds maturing in 2031. The full terms of the bonds are available on the London Stock Exchange website and the National Storage Mechanism, with further details on Santander’s website.

For further insights into GB:SANB stock, check out TipRanks’ Stock Analysis page.

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