MEXICO CITY, Dec. 18, 2013 /PRNewswire/ -- Grupo Financiero
Santander Mexico, S.A.B. de C.V. (BMV: SANMEX; NYSE: BSMX)
("Santander Mexico" or the "Company"), one of the leading financial
groups in Mexico, today announced
that its principal subsidiary, Banco Santander (Mexico), S.A. Institucion de Banca Multiple,
Grupo Financiero Santander Mexico ("Banco Santander Mexico"), has
priced U.S.$1,300,000,000 aggregate
principal amount of 5.95% Basel III compliant Tier 2 Subordinated
Capital Notes due 2024 (the "Notes"). Santander Mexico's
parent, Banco Santander Spain, agreed to purchase U.S.$975,000,000 or 75% of the aggregate principal
amount of the Notes.
The Notes were offered in a private placement to qualified
institutional buyers (as defined in Rule 144A under the U.S.
Securities Act of 1933, as amended (the "Securities Act")), and
outside the United States to
non-U.S. persons in compliance with Regulation S under the
Securities Act.
This press release does not constitute an offer to sell or the
solicitation of an offer to buy nor shall there be any sale of
these securities in any state or jurisdiction in which such offer,
solicitation or sale would be unlawful prior to registration or
qualification under the securities laws of any such state or
jurisdiction. The Notes have not been registered under the
Securities Act, or any applicable state securities laws. Unless so
registered, the Notes may not be offered or sold in the United States except pursuant to an
exemption from the registration requirements of the Securities Act
and any applicable state securities laws.
About Grupo Financiero Santander Mexico
Grupo
Financiero Santander Mexico, S.A.B. de C.V. (Santander Mexico), one
of Mexico's leading financial
services holding companies, provides a wide range of financial and
related services, including retail and commercial banking,
securities brokerage, financial advisory and other related
investment activities. Santander Mexico 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
September 30, 2013, Santander Mexico
had total assets of Ps.806.3 billion under Mexican GAAP and more
than 10.6 million customers. Headquartered in Mexico City, the Company operates 991 branches
and 238 offices nationwide and has a total of 13,883 employees.
SOURCE Grupo Financiero Santander Mexico, S.A.B. de C.V.