Grupo Santander ("Santander" or the "Group") announces that it has reached an agreement to acquire the stake held by DDFS LLC in Santander Consumer USA Holdings Inc ("SCUSA"), representing 9.68% of the such company, for the sum of 928 million USD. Following this transaction, the Group's stake in SCUSA will stand at about
68.7%.
The transaction, which is subject to regulatory approval, has an impact of approximately
-8 basis points on the Group's CET1 fully loaded capital.
Boadilla del Monte (Madrid), July 3, 2015
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