Banco Santander Chile’s $100 Million Social Bonds Offering

Davis Polk advised Banco Santander Chile in the offering.

Banco Santander Chile execute its offering of $100 million aggregate principal amount of 0.715% fixed-rate notes due 2024. 

The proceeds from the sale of the notes will refinance or finance new loan operations to small and medium enterprises led by women in Chile.

Banco Santander Chile is the largest bank in Chile in terms of total assets and loans, with operations in commercial banking, retail banking, brokerage and insurance. Banco Santander Chile is a member of the Santander Group, the principal financial group in Spain and one of the largest financial groups in the world in terms of market capitalization.

The Davis Polk capital markets team advising Banco Santander Chile included partner Nicholas A. Kronfeld (Picture) and associates Hillary A. Coleman and Ernesto Talamás Velázquez. 

Involved fees earner: Hillary Coleman – Davis Polk & Wardwell; Nicholas Kronfeld – Davis Polk & Wardwell; Ernesto Talamás Velázquez – Davis Polk & Wardwell;

Law Firms: Davis Polk & Wardwell;

Clients: Banco Santander Chile;

Martina Bellini

Author: Martina Bellini