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Grupo Financiero Santander Mexico Announces That Its Subsidiary, Banco Santander (Mexico) S.A. Has Priced U.S.$1.3 Billion Basel III Compliant Tier 2 Subordinated Capital Notes


MEXICO CITY, Dec. 18, 2013 /PRNewswire/ -- Grupo Financiero Santander Mexico, S.A.B. de C.V. (BMV: SANMEX; NYSE: BSMX) ("Santander Mexico" or the "Company"), one of the leading financial groups in Mexico, today announced that its principal subsidiary, Banco Santander (Mexico), S.A. Institucion de Banca Multiple, Grupo Financiero Santander Mexico ("Banco Santander Mexico"), has priced U.S.$1,300,000,000 aggregate principal amount of 5.95% Basel III compliant Tier 2 Subordinated Capital Notes due 2024 (the "Notes").  Santander Mexico's parent, Banco Santander Spain, agreed to purchase U.S.$975,000,000 or 75% of the aggregate principal amount of the Notes.

The Notes were offered in a private placement to qualified institutional buyers (as defined in Rule 144A under the U.S. Securities Act of 1933, as amended (the "Securities Act")), and outside the United States to non-U.S. persons in compliance with Regulation S under the Securities Act.

This press release does not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction. The Notes have not been registered under the Securities Act, or any applicable state securities laws. Unless so registered, the Notes may not be offered or sold in the United States except pursuant to an exemption from the registration requirements of the Securities Act and any applicable state securities laws.

About Grupo Financiero Santander Mexico
Grupo Financiero Santander Mexico, S.A.B. de C.V. (Santander Mexico), one of Mexico's leading financial services holding companies, provides a wide range of financial and related services, including retail and commercial banking, securities brokerage, financial advisory and other related investment activities. Santander Mexico offers a multichannel financial services platform focused on mid- to high-income individuals and small- to medium-sized enterprises, while also providing integrated financial services to larger multinational companies in Mexico. As of September 30, 2013, Santander Mexico had total assets of Ps.806.3 billion under Mexican GAAP and more than 10.6 million customers. Headquartered in Mexico City, the Company operates 991 branches and 238 offices nationwide and has a total of 13,883 employees.

SOURCE Grupo Financiero Santander Mexico, S.A.B. de C.V.


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