Santander Brasil issues R$ 1.386.600.000,00 Tier 2 debt
Banco Santander (Brasil) S.A. reports that over the last few months it issued subordinated financial bills totaling R$ 1.386.600.000,00 to private investors.
Rhea-AI Filing Summary
Banco Santander (Brasil) S.A. reports that over the last few months it issued subordinated financial bills totaling R$ 1.386.600.000,00 to private investors. The proceeds will be used to compose Level II of the bank's Reference Equity.
The Financial Bills have a 10-year maturity and include a repurchase option starting in 2031, in line with applicable regulations. They are authorized to form Level II Capital of the bank's Reference Equity, affecting its Level II capitalization ratio under BCB Resolution No. 122, of August 2, 2021.
Positive
- None.
Negative
- None.
Key Figures
Key Terms
Financial Bills financial
Level II Capital financial
Reference Equity financial
BCB Resolution No. 122 regulatory
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What capital transaction did Banco Santander (Brasil) S.A. (BSBR) disclose in this 6-K?
How will the proceeds from Santander Brasil’s new Financial Bills be used?
What are the maturity and repurchase terms of Santander Brasil’s Financial Bills?
How do these Financial Bills affect Santander Brasil’s regulatory capital ratios?
Who purchased the R$ 1.386.600.000,00 in Financial Bills issued by Santander Brasil?
AI-generated analysis. How Rhea-AI works. Not financial advice.
