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6-K 1 dp224842_6k.htm FORM 6-K

  

 

 

  

FORM 6-K

 

SECURITIES AND EXCHANGE COMMISSION 

Washington, D.C. 20549

 

Report of Foreign Issuer

 

Pursuant to Rule 13a-16 or 15d-16 of 

the Securities Exchange Act of 1934

 

For the month of February, 2025

 

Commission File Number: 001-12518

 

Banco Santander, S.A. 

(Exact name of registrant as specified in its charter)

 

Ciudad Grupo Santander

28660 Boadilla del Monte (Madrid) Spain

(Address of principal executive office)

 

 

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F:

 

Form 20-F X   Form 40-F  

 

 

 

 

 


Banco Santander, S.A.

 

TABLE OF CONTENTS

 

Item

 
   
1 Report of Other Relevant Information dated February 12, 2025

 

 


Item 1

 

Banco Santander, S.A. (“Santander” or the “Bank”), in compliance with the Securities Market legislation, hereby announces:

 

OTHER RELEVANT INFORMATION

 

Fitch Ratings (“Fitch”) has upgraded Santander’s Long Term Issuer Default Rating (IDR) from ‘A-‘ to ‘A’, Short term IDR from ‘F2’ to ‘F1’ and Viability Rating from ‘a-‘ to ‘a’. The outlook on the IDR is stable. The assigned rating is one notch above the Spanish sovereign Long-Term IDR of 'A-'/Positive.

 

A list of rating actions taken yesterday is detailed below:

 

ENTITY/DEBT RATING ACTION
  TYPE PRIOR CURRENT  
Banco Santander, S.A. LT IDR1 A- A Upgrade
ST IDR2 F2 F1 Upgrade
Viability a- a Upgrade
DCR3 A(dcr) A+(dcr) Upgrade
Preferred LT BB BB+ Upgrade
Senior non-preferred LT A- A Upgrade
Long-term deposits LT A A+ Upgrade
Senior preferred LT A A+ Upgrade
Subordinated LT BBB BBB+ Upgrade

 

Boadilla del Monte (Madrid), 12 February 2025

 

 

 

IMPORTANT INFORMATION

 

Not a securities offer

 

This document and the information it contains does not constitute an offer to sell nor the solicitation of an offer to buy any securities.

 

 

 

1 Long-Term Issuer Default Rating

2 Short-Term Issuer Default Rating Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

3 Derivative Counterparty Rating

 

 


SIGNATURE

 

 

 

  Banco Santander, S.A.
   
   
Date: February 12, 2025 By: /s/ Pedro de Mingo Kaminouchi
      Name: Pedro de Mingo Kaminouchi
      Title: Head of Corporate Compliance