PBB Bond Sale Said to Leave Banks Stuck With a Chunk of Debt [Yahoo! Finance]
Banco Santander, S.A. Sponsored ADR (Spain) (SAN)
US:NYSE Investor Relations:
santander.com/csgs/satellite/cfwcsancomqp01/en_gb/corporate/shareholders-and-investors.html
Company Research
Source: Yahoo! Finance
was caught in the US commercial real estate maelstrom fell flat, according to people familiar with the matter. Most Read from Bloomberg Trump Promises Could Have Seismic Impact on Washington Economy Paris to Replace Parking Spaces With Trees Tokyo's Scorching Summers Focus Public Anger Against Tree Cutting NYC Mayor Adams Names Jessica Tisch to Lead Police Head Amid Probes New York's Transit Agency Approves $9 Congestion Toll Dealers were left holding as much as €200 million of a €500 million ($526 million) green bond, said two of the people, who asked not to be identified as the information is private. Some of the banks are already offering to sell the bond below its issue price, data compiled by Bloomberg shows. The difficulty in selling the debt underscores lingering concerns about PBB, even after its debt recovered from a panic sale earlier this year. The offering faced stiff competition from other deals in the market on Wednesday. During the sale, banks disclose
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News
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- Banco Santander, S.A. (NYSE: SAN) was downgraded by analysts at StockNews.com from a "buy" rating to a "hold" rating.MarketBeat
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SAN
Earnings
- 10/30/24 - Miss
SAN
Analyst Actions
- 9/7/24 - UBS Group AG
SAN
Sec Filings
- 11/21/24 - Form 6-K
- 11/14/24 - Form 6-K
- 11/12/24 - Form 13F-HR
- SAN's page on the SEC website