We advised Banco Santander Chile on its Regulation S SOFR notes offering

Davis Polk advised Banco Santander Chile in connection with its Regulation S offering of $30 million aggregate principal amount of senior floating-rate SOFR notes due 2025.

Banco Santander Chile is the largest bank in Chile in terms of loans and the second largest in terms of total deposits, with operations in commercial banking, retail banking, brokerage and insurance. Banco Santander Chile is a member of the Santander Group, the principal financial group in Spain and one of the largest financial groups in the world in terms of market capitalization.

The Davis Polk capital markets team included partner Pedro Bermeo, counsel Hillary A. Coleman and associates Ernesto Talamás Velázquez and Carlos Escandón. All members of the Davis Polk team are based in the New York office.

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