Bloomberg News

S&P Rates Banco Santander Mexico Bonds as ’mxAAA’

December 14, 2011

(Updates to correct bond sale, since the debt was already sold.)

Dec. 14 (Bloomberg) -- Banco Santander SA Mexico’s unit had 15.2 billion pesos floating and fixed-rate bonds rated ’mxAAA’ on national scale, Standard & Poor’s said yesterday in an e- mailed statement.

The Spanish bank already sold earlier this year in the Mexican market two-year, three-year and five-year bonds at floating rate and 10-year bond at fixed-rate, the rating company said.

--Editor: Jose Enrique Arrioja

To contact the reporters on this story: Jose Enrique Arrioja in Mexico City at jarrioja@bloomberg.net; Ben Bain in New York at bbain2@bloomberg.net

To contact the editor responsible for this story: David Papadopoulos at papadopoulos@bloomberg.net


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