Banco Santander, S.A. announced a tender offer for €1.5 billion of its Contingent Convertible Preferred Securities, with plans to issue new securities at 7.00% annual remuneration, effective May 20, 2024. The previous offer commenced on May 7, 2024, and will close on May 15, 2024, subject to conditions and a maximum acceptance amount of €1.5 billion.