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Banco Santander to redeem €2 billion covered bonds from two issues
By Toni Weeks
San Diego, Jan. 22 - Banco Santander, SA plans to redeem €1 billion of its covered mortgage bonds (ISIN: ES0413900277) and €1 billion of its covered mortgage bonds (ISIN: ES0413900319), according to a 6-K filed with the Securities and Exchange Commission.
The redemptions will occur Jan. 25.
Following the redemptions, no bonds will remain outstanding for either issue.
Banco Santander is a Madrid-based bank.
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