[25-NSE] Banco Santander, S.A. SEC Filing

Rhea-AI Filing Summary

Banco Santander, S.A. (SAN) is having its Series 26 Subordinated Debt Securities due November 2025 removed from listing and registration on the New York Stock Exchange. The exchange is filing Form 25 to notify regulators that this specific class of securities will no longer trade on the NYSE under Section 12(b) of the Securities Exchange Act of 1934.

The NYSE states that it has followed its own rules and the applicable SEC regulations for striking this debt issue from listing and/or withdrawing its registration, and that the issuer has complied with the exchange’s requirements for voluntary withdrawal. This change applies only to the identified Series 26 subordinated notes and does not describe any broader financial or operating changes for Banco Santander.

UNITED STATES

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SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 25

NOTIFICATION OF REMOVAL FROM LISTING AND/OR REGISTRATION
UNDER SECTION 12(b) OF THE SECURITIES EXCHANGE ACT OF 1934.

Commission File Number

001-12518

Issuer:	Banco Santander, S.A.
Exchange:	NEW YORK STOCK EXCHANGE LLC

(Exact name of Issuer as specified in its charter, and name of Exchange where security is listed and/or registered)

Address:	Ciudad Grupo Santander Avda de Cantabria
	Boadilla del Monte (Madrid)		28660
Telephone number:					+34 (91) 289 0000

(Address, including zip code, and telephone number, including area code, of Issuer's principal executive offices)

Guarantor of Series 26 Subordinated Debt Securities due November 2025

(Description of class of securities)

Please place an X in the box to designate the rule provision relied upon to strike the class of securities from listing and registration:

17 CFR 240.12d2-2(a)(1)

17 CFR 240.12d2-2(a)(2)

17 CFR 240.12d2-2(a)(3)

17 CFR 240.12d2-2(a)(4)

Pursuant to 17 CFR 240.12d2-2(b), the Exchange has complied with its rules to strike the class of securities from listing and/or withdraw registration on the Exchange. ¹

Pursuant to 17 CFR 240.12d2-2(c), the Issuer has complied with its rules of the Exchange and the requirements of 17 CFR 240.12d-2(c) governing the voluntary withdrawal of the class of securities from listing and registration on the Exchange.

Pursuant to the requirements fo the Securities Exchange Act of 1934, NEW YORK STOCK EXCHANGE LLC certifies that it has reasonable grounds to believe that it meets all of the requirements for filing the Form 25 and has caused this notification to be signed on its behalf by the undersigned duly authorized person.

2025-11-19	By	Tyler Mastronardi		Analyst, Market Watch
Date		Name		Title

¹ Form 25 and attached Notice will be considered compliance with the provisions of 17 CFR 240.19d-1 as applicable. See General Instructions.

Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What does Banco Santander's Form 25 filing mean for its Series 26 subordinated debt?

The Form 25 filing indicates that Series 26 Subordinated Debt Securities due November 2025 of Banco Santander, S.A. are being removed from listing and registration on the New York Stock Exchange under Section 12(b) of the Securities Exchange Act of 1934.

Which Banco Santander security is being delisted from the NYSE?

The affected security is Banco Santander, S.A.'s Guarantor of Series 26 Subordinated Debt Securities due November 2025, which is being removed from listing and/or registration on the New York Stock Exchange.

Who initiated the removal of Banco Santander's Series 26 subordinated debt from listing?

The New York Stock Exchange LLC is filing Form 25 and certifies that it has reasonable grounds to believe it meets all requirements for the filing, while the issuer has complied with the exchange’s rules and applicable SEC requirements for voluntary withdrawal.

Has Banco Santander complied with the rules for delisting its Series 26 subordinated debt?

Yes. The text states that, pursuant to 17 CFR 240.12d2-2(c), the issuer has complied with the exchange’s rules and the requirements governing the voluntary withdrawal of this class of securities from listing and registration.

What regulations govern the removal of Banco Santander's Series 26 subordinated debt from the NYSE?

The removal is made under Section 12(b) of the Securities Exchange Act of 1934 and related SEC rules, including 17 CFR 240.12d2-2(b) and 17 CFR 240.12d2-2(c), which set the process for striking a class of securities from listing and withdrawing its registration.

Does this Form 25 affect all Banco Santander securities on U.S. markets?

No. The notification specifically refers to the Series 26 Subordinated Debt Securities due November 2025. It does not state any changes for other Banco Santander securities.