SC Germany Consumer 2024-2
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Disclaimer
The information provided on the following websites does not, and is not intended to nor shall it be construed to, constitute an offer to sell or a solicitation of any offer to buy any securities by or on behalf of Santander Consumer Bank AG or any of its affiliates in any jurisdiction.
Securities discussed herein may not be eligible for sale in certain jurisdiction or to certain persons and may not be suitable for all types of investors, and the same may apply with regard to the distribution of any information made available on the following websites that pertains to these securities.
Neither Santander Consumer Bank AG nor any of its affiliates have taken any steps to ensure that the securities referred to in the following websites are suitable for any particular investor.
Accordingly, nothing in the websites should be regarded as investment advice being provided by Santander Consumer Bank AG or any of its affiliates or a solicitation or a recommendation by Santander Consumer Bank AG or any of its affiliates that any particular investor should subscribe, purchase, sell, hold or otherwise deal in any securities.
You are exclusively responsible for conducting your own investigation and analysis of the information in the websites and for evaluating the merits and risks involved in investing in the securities that are referred to herein. Before making any investment decision, viewers should refer to existing public information and obtain professional advice.
Especially you shall note the following:
DO NOT FORWARD OR DISCUSS THE CONTENT ON THE FOLLOWING WEBSITES WITH U.S. PERSONS (AS DEFINED IN (A) REGULATION S UNDER THE SECURITIES ACT OF 1933, AS AMENDED ("REGULATION S") EXCEPT PURSUANT TO AN EXEMPTION FROM SUCH REGISTRATION REQUIREMENTS AND (B) THE CREDIT RISK RETENTION REGULATIONS IMPLEMENTED PURSUANT TO SECTION 15G OF THE SECURITIES EXCHANGE ACT OF 1934, AS AMENDED (THE “US CRR REGULATIONS”)). FOR SUCH PURPOSES, YOU MAY RELY ON A CONFIRMATION BY ANY PERSON THAT IT IS NOT A U.S. PERSON FOR SUCH PURPOSES. PROSPECTIVE INVESTORS SHOULD NOTE THAT THE DEFINITION OF "U.S. PERSON" IN THE US CRR REGULATIONS IS DIFFERENT FROM THE DEFINITION OF U.S. PERSON UNDER REGULATION S.
| Class A Notes | Class B Notes | Class C Notes | Class D Notes | Class E Notes | Class F Notes | |
|---|---|---|---|---|---|---|
| Original Balance | 1,000,000,000 EUR | |||||
| Initial Balance |
842,500,000 EUR |
60,000,000 EUR |
32,500,000 EUR |
27,500,000 EUR |
27,500,000 EUR |
10,000,000 EUR |
| Initial Credit Enhancement | 17.25% | 11.25% | 8.00% | 5.25% | 2.50% | 1.50% |
| Expected Weighted Average Lives | 2.83 years | 3.66 years | 3.66 years | 3.66 years | 3.66 years | 1.02 years |
| Closing Date | 20th November 2024 | |||||
| Final Maturity Date | May 2038 | |||||
|
Rating (DBRS/Fitch) |
AAA (sf) / AAA sf | AA (sf) / AA- sf | A (high) (sf) / A sf | A (sf) / BBB sf | BBB (sf) / BB+ sf | BBB (sf) / BBB- sf |
| Coupon |
1-M Euribor + 0.70% p.a. |
1-M Euribor + 1.10% p.a. |
1-M Euribor + 1.40% p.a. |
1-M Euribor + 1.70% p.a. |
1-M Euribor + 3.25% p.a. |
1-M Euribor + 1.97% p.a. |
| Denomination | 100,000 EUR | 100,000 EUR | 100,000 EUR | 100,000 EUR | 100,000 EUR | 100,000 EUR |
| Payment Frequency | monthly | |||||
| ISIN Code | XS2903302201 | XS2903303191 | XS2903303860 | XS2903303944 | XS2903304165 | XS2903304322 |