Santander Holdings USA, Inc. announced today that it has priced $1,000,000,000 in aggregate principal amount of 3.400% senior unsecured notes due 2023 and $250,000,000 in aggregate principal amount of 4.400% senior unsecured notes due 2027 in a private offering exempt from the registration requirements of the Securities Act of 1933, as amended. The New 2027 Notes will be issued as additional notes under the indenture pursuant to which the Company's existing 4.400% senior unsecured notes due 2027 were issued in July 2017. The Company expects to use the net proceeds from the offering for general corporate purposes. The Notes offering is expected to close on December 18, 2017. The closing is subject to the satisfaction of customary closing conditions, and there can be no assurance that the issuance and sale of the Notes will be consummated.

Santander Holdings USA, Inc. (SHUSA) is a wholly-owned subsidiary of Madrid-based Banco Santander, S.A. (NYSE: SAN) (Santander), one of the most respected banking groups in the world with more than 125 million customers in the U.S., Europe and Latin America. As the intermediate holding company for Santander's U.S. businesses, SHUSA includes six financial companies with more than 17,500 employees, 5.2 million customers and assets of over $131.9 billion. These include Santander Bank, N.A., one of the country's largest retail and commercial banks by deposits; Santander Consumer USA Holdings Inc. (NYSE: SC), an auto finance and consumer lending company; Banco Santander International of Miami; Banco Santander Puerto Rico; Santander Securities LLC of Boston; and Santander Investment Securities Inc. of New York.