Banco Santander (México) SA Institución de Banca Múltiple Grupo Financiero

09/16/2021 | Press release | Distributed by Public on 09/16/2021 04:01

BANCO SANTANDER MÉXICO, ANNOUNCES THE SETTLEMENT OF THE SALE OF U.S.$700 MILLION OF ITS PERPETUAL, SUBORDINATED, NON-PREFERRED, CONTINGENT CONVERTIBLE ADDITIONAL TIER 1 CAPITAL[...]

BANCO SANTANDER MÉXICO, ANNOUNCES THE SETTLEMENT OF THE SALE OF U.S.$700 MILLION OF ITS PERPETUAL, SUBORDINATED, NON-PREFERRED, CONTINGENT CONVERTIBLE ADDITIONAL TIER 1 CAPITAL NOTES

Mexico City, Mexico, September 15, 2021 - Banco Santander México, S.A., Institución de Banca Múltiple, Grupo Financiero Santander México (BMV: BSMX; NYSE: BSMX) ('Banco Santander México' or the 'Bank'), one of the leading banking institutions in Mexico, announced today that it settled the sale of its U.S.$700 million perpetual, subordinated, non-preferred, contingent convertible additional tier 1 capital notes at an initial 4.625% fixed rate (the 'Notes'). These Notes comply with the characteristics and the regulatory requirements set forth by the Basel III criteria and are considered part of the non-core portion of our Tier-1 capital (capital básico no fundamental) under the Mexican regulatory framework. Banco Santander, S.A., the majority shareholder of Grupo Financiero Santander México, S.A. de C.V., the Bank's controlling shareholder, acquired 100% of the Notes.

The Notes were placed through an exclusive private offering to Banco Santander, S.A.

This material fact announcement is required to be made under Mexican law and does not constitute an offer to sell or the solicitation of an offer to buy the AT1 Notes, nor shall there be any offer or sale of the AT1 Notes in Mexico or any other jurisdiction in which such offer, solicitation or sale would be prohibited prior to approval, registration or qualification under the securities laws of Mexico or any such jurisdiction.

ABOUT BANCO SANTANDER MéXICO (NYSE: BSMX; BMV: BSMX)

Banco Santander México, S.A., Institución de Banca Múltiple, Grupo Financiero Santander México (Banco Santander México), one of Mexico's leading banking institutions, provides a wide range of financial and related services, including retail and commercial banking, financial advisory and other related investment activities. Banco Santander México offers a multichannel financial services platform focused on mid- to high-income individuals and small- to medium-sized enterprises, while also providing integrated financial services to larger multinational companies in Mexico. As of June 30th, 2021, Banco Santander México had total assets of Ps.1,634 billion under Mexican Banking GAAP and more than 19.2 million customers. Headquartered in Mexico City, the Company operates 1,352 branches and offices nationwide and has a total of 23,512 employees.

Investor Relations Contact

Héctor Chávez López - Managing Director - IRO

+ 52 (55) 5269-1925

[email protected]

Investor Relations Team

[email protected]

Material Fact

Banco Santander Mexico