Santander Corporate & Investment Banking

Last week, José M. Linares visited our team in Brazil lead by Renato Ejnisman while also meeting with key clients representing some of the largest companies in the land. Brazil is a core geography for Santander Corporate & Investment Banking's #business and goals. During his visit, José, met with the country’s female leadership, while also joining the whole team for a townhall meeting in our Sao Paulo offices. José provided deeper insights into our strategy, particularly Brazil’s place within it. Thanks to the entire Santander Corporate & Investment Banking Brazil team for hosting these events!

Santander Corporate & Investment Banking was delighted to have attended the Association of Corporate Treasurers Annual Conference in Liverpool.   This was a fantastic opportunity to meet and network with our clients across a number of strategic meetings, workshops and a gala dinner at the beautiful Liverpool Cathedral.   The theme of this year’s #conference was ‘Thriving in Uncertainty’, with key topics of discussion including the role of #data in #treasury management, the importance of pragmatism in achieving #growth, mastering market turbulence, as well as the ever-growing consideration of #sustainability.   It was great to see so many clients in Liverpool, and hope to re-connect with them soon.

  We are delighted to have been awarded six #accolades in the 2024 Best Treasury and Cash Management Awards by Global Finance Magazine.   🏆 The Best Bank for Cash Management Latin America 2024 🏆 The Best Bank for Payments Latin America 2024 🏆 The Best Bank for Treasury and Cash Management in Argentina 2024 🏆 The Best Bank for Treasury and Cash Management in Brazil 2024 🏆 The Best Bank for Treasury and Cash Management in Chile 2024 🏆 The Best Bank for Treasury and Cash Management in Spain 2024   These awards illustrate our leadership in cash management across our core markets and showcase our capacity to offer truly global solutions in combination with a solid and strong local offering.   Congratulations to all teams involved for the deserved recognition, testament to our client-centric approach and hard work. 

Santander Corporate & Investment Banking recently hosted its annual Leadership Programme for this year’s newly appointed Managing Directors (MDs), delivered in partnership with LSE Executive Education at The London School of Economics and Political Science (LSE). José M. Linares provided the opening words, where he reinforced our commitment to developing and promoting outstanding and diverse #talent as part of the business’ strongly #meritocratic #culture. The #promotion process for new MDs is rigorous and based on candidates’ #performance and #leadership abilities, and we are confident that all successful colleagues will add fantastic value to Santander CIB’s #growth ambitions. Congratulations to all new faces within Santander CIB’s MD community – we wish them the best of luck with their new responsibilities! 

Santander Corporate & Investment Banking is very pleased to have been recognized as #Supply Chain Finance Provider of the Year and #Invoice Finance Provider of the Year at the #RFIx Awards by BCR Publishing last week.   Our colleagues Javier Moreno García and Lidia Ansón Alvarez picked up the #accolades last week at the #awards gala dinner held in London.   Congratulations to all the teams involved.

At Santander Corporate & Investment Banking, our utmost priority is to capture, retain and develop top and diverse #talent. Therefore we are pleased to announce that last week in our HQ in Madrid, Ana García Villas-Boas-welcomed 29 participants to our 2024 Santander Women in Leadership Program in partnership with IE University.   The program, launched three years ago, is designed to promote #female talent. Throughout the year, the participants will further enhance their professional skills and network through an innovative blended learning experience. This learning journey is structured around two main pillars – leading self and leading the future and will support these female leaders in key areas such as strategic thinking, effective negotiation, communication skills or megatrends. Congratulations to all participants and big welcome to the program!

Last weekend, Scuderia Ferrari homegrown driver Charles Leclerc won his first race of 2024, while Carlos Sainz secured an impressive third place in the #Monaco GP. F1 embodies #innovation like very few sports do. Since it started back in the 50s, F1 has progressively pushed the limits of engineering, not only evolving the sport but shaping other industries in multiple, and often invisible, ways. F1 has transformed, especially when related to #sustainability, as becoming net-zero carbon is a common ambition shared by both F1 and Santander. As part of this journey, F1 teams will be required to use 100% advanced sustainable fuels by 2026. However, cars’ carbon footprint comprises just 0.7% of the whole F1 spectacle. The biggest impact comes from behind the scenes, with road, air, and sea travel logistics, thousands of workers, and event partners, contributing to raising the total figure up to 256k tonnes of CO2. In 2019, F1 set out ambitious targets to reduce these CO2 emissions (50% absolute emissions cut from 2018 baseline year, including energy at factories, travel & logistics, and energy at races according to the 2023 Formula 1 Impact Report). Achieving these goals requires investments in new processes and technologies, which will have a substantial impact not only on F1, but on the decarbonization of the wider transport sector. At Santander Corporate & Investment Banking we look forward to seeing further developments in this field and wish the Ferrari team the very best of luck for the remainder of the season! 

Santander Corporate & Investment Banking was delighted to have been represented at the recent 'Spanish-Swedish Forum for a Green Value Chain and Resilience' in Madrid, hosted by the Embassy of Sweden in Madrid. Héctor Muñoz, who featured in the forum’s opening panel discussion, met with key clients and major players in the world of Swedish and Spanish renewables. At such an inflection point in hitting climate neutrality goals, our clients need more than ever to find innovative and flexible solutions. Santander Corporate & Investment Banking’s seat at the top table of events such as this positions us well to continue delivering top-tier outcomes.

Santander Corporate & Investment Banking is very pleased to have acted as Global Coordinator and Sole Bookrunner for a landmark multi-currency non-recourse revolving credit facility with other ten banks between Recurrent Energy, a subsidiary of Canadian Solar Inc., and a global developer and owner of solar and energy storage assets. This credit facility is initially sized at 674 million euros with a potential upsize up to 1.3 billion euros, and will support the construction of renewable energy projects (solar and battery storage) in several European countries, marking a significant milestone for Recurrent Energy and demonstrating its commitment to sustainable development. Being a leader in sustainability is a long-standing ambition for Santander Corporate & Investment Banking and supporting our clients in their transition to more sustainable models is one of our key priorities therefore we are very pleased to have participated in this transaction. Congratulations to all teams involved.

Santander Corporate & Investment Banking is delighted to have acted as Financial Adviser in the successful closure of a €570mn debt facility for Bruc to finance their construction of an 870MWp solar PV portfolio in Spain, spread over 16 different projects.   It is fantastic to be assisting Bruc in accelerating its business plan through the provision of innovative and unique financing solutions, reinforcing Santander CIB’s commitment to renewables projects in Spain.   Congratulations to all involved in this deal, and we look forward to furthering our relationship with Bruc in the near future!