2026-09-30
Added
Banco Santander Perú S.A. requests and obtains the total cancellation and exclusion of its Corporate Bond Programs (First and Second Issuances) from the Public Registry of the Securities Market and the Lima Stock Exchange. The exclusion is granted due to the extinction of rights through total amortization, the expiration of the program's validity period, and the cessation of public interest, thereby exempting the issuer from conducting a Public Offer of Purchase by Exclusion. The resolution mandates the publication of the decision on the SMV's institutional website and notifies relevant parties including the bondholders' representative and CAVALI.
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PERÚ Ministry of Economy and Finance
SMV
Securities Market
Superintendency
“Decade of Equal Opportunities for Women and Men” “Year of Hope and Strengthening of Democracy” 1 Electronically signed document under the framework of Law No. 27269, Law of Digital Signatures and Certificates, its Regulations and amendments. The integrity of the document and the authorship of the signature(s) can be verified at https://apps.firmaperu.gob.pe/web/validador.xhtml General Superintendence Resolution of the SMV No. 056-2026-SMV/11.1 Lima, September 30, 2026 The General Superintendent of Conducts Supervision Seen:
The File No. 2026040259, as well as the Internal Report No. 1495-2026-SMV/11.1, from the General Superintendence of Conducts Supervision of the Adjunct Superintendence of Conducts Supervision of Markets. Considering:
That, by means of a written submission presented on September 7, 2026, Banco Santander Perú S.A. requested the Securities Market Superintendency – SMV, through the Single Window system, the exclusion of the securities named “First Corporate Bond Program of Banco Santander Perú – First Issuance” and “First Corporate Bond Program of Banco Santander Perú – Second Issuance”, which were inscribed and placed within the framework of the “First Corporate Bond Program of Banco Santander Perú”, from the Public Registry of the Securities Market and from the Securities Registry of the Lima Stock Exchange, due to their total cancellation; as well as the exclusion of the issuance program named “First Corporate Bond Program of Banco Santander Perú” from the Public Registry of the Securities Market; That, by means of General Superintendence Resolution of the SMV No. 052-2019-SMV/11.1 of June 21, 2019, within the framework of an advance procedure, the issuance program named “First Corporate Bond Program of Banco Santander Perú” was inscribed, up to a maximum circulating amount of US$ 100,000,000.00 (One Hundred Million and 00/100 United States Dollars) or its equivalent in Soles, and the corresponding Master Prospectus was registered in the Public Registry of the Securities Market; That, within the framework of the “First Corporate Bond Program of Banco Santander Perú”, under an automatic approval procedure, on November 11, 2019, the securities named “First Corporate Bond Program of Banco Santander Perú – First Issuance” were inscribed, up to a maximum amount of S/ 75,000,000.00 (Seventy-Five Million and 00/100 Soles), expandable up to S/ 100,000,000.00 (One Hundred Million and 00/100 Soles), and the respective Complement of the Master Prospectus was registered in the Public Registry of the Securities Market and, subsequently, in the Securities Registry of the Lima Stock Exchange; That, within the framework of the aforementioned issuance program, under an automatic approval procedure, on December 4, 2020, the securities named “First Corporate Bond Program of Banco Santander Perú – Second Issuance” were inscribed, up to a maximum amount of S/ 50,000,000.00 (Fifty Million and 00/100 Soles) expandable up to S/ 75,000,000.00 (Seventy-Five Million and 00/100 Soles), and the respective Complement of the Master Prospectus was registered in the Public Registry of the Securities Market and, subsequently, in the Securities Registry of the Lima Stock Exchange; That, from the evaluation of the documentation presented by Banco Santander Perú S.A., it has been noted the presentation of documents referring to the total cancellation of obligations arising from the securities named “First Corporate Bond Program of Banco Santander Perú – First Issuance” and “First Corporate Bond Program of Banco Santander Perú – Second Issuance”, corresponding to the application of Article 23 of the Regulation on Inscription and Exclusion of Securities in the Public Registry of the Securities
Market and in the Stock Exchange Wheel, which provides, among others, that the exclusion of the security upon request of the issuer will proceed when the extinction of rights over the security occurs, by amortization, total redemption or other cause; That, likewise, from the information on file in the Public Registry of the Securities Market, it has been noted that with the exclusion of the securities named “First Corporate Bond Program of Banco Santander Perú – First Issuance” and “First Corporate Bond Program of Banco Santander Perú – Second Issuance”, all securities inscribed within the framework of the “First Corporate Bond Program of Banco Santander Perú” will be excluded from the aforementioned registry; that the validity period of the aforementioned issuance program has expired, making it impossible to carry out new issuances of securities within the framework of the same; and that the cessation of public interest has occurred, complying with what is established in the last paragraph of Article 25 of the Regulation on Primary Public Offer and Sale of Securities, approved by CONASEV Resolution No. 141-98-EF/94.10 and its modifying norms, which states that with respect to programs, the exclusion operates when the validity period of inscription has expired and no security had been placed within the framework of the program or when, having been placed, the security or securities are excluded from the Public Registry of the Securities Market; That, Banco Santander Perú S.A. has presented the information and documentation required by the Single Consolidated Text of the Securities Market Law, Legislative Decree No. 861, approved by Supreme Decree No. 020-2023-EF, as well as by the Regulation on Inscription and Exclusion of Securities in the Public Registry of the Securities Market and in the Stock Exchange Wheel, approved by SMV Resolution No. 031-2012-SMV/01 and its modifying norms, for the purpose of the exclusion of the securities “First Corporate Bond Program of Banco Santander Perú – First Issuance” and “First Corporate Bond Program of Banco Santander Perú – Second Issuance” and of the “First Corporate Bond Program of Banco Santander Perú”; That, Article 39, letters a), b) and d), of the Single Consolidated Text of the Securities Market Law; as well as Articles 20 and 23 of the Regulation on Inscription and Exclusion of Securities in the Public Registry of the Securities Market and in the Stock Exchange Wheel, establish that the exclusion of a security from the Public Registry of the Securities Market takes place by a reasoned resolution of the SMV upon request of the issuer, when the inscription of the securities originated by their own will and when the extinction of rights over the security operates, by amortization, total redemption or other cause, and when the cessation of public interest operates;
PERÚ Ministry of Economy and Finance
SMV
Securities Market
Superintendency
“Decade of Equal Opportunities for Women and Men” “Year of Hope and Strengthening of Democracy” 2 Electronically signed document under the framework of Law No. 27269, Law of Digital Signatures and Certificates, its Regulations and amendments. The integrity of the document and the authorship of the signature(s) can be verified at https://apps.firmaperu.gob.pe/web/validador.xhtml Corporate Bonds of Banco Santander Perú – Second Issuance”, up to a maximum amount of S/ 50,000,000.00 (Fifty Million and 00/100 Soles) expandable up to S/ 75,000,000.00 (Seventy-Five Million and 00/100 Soles), and the respective Complement of the Master Prospectus was registered in the Public Registry of the Securities Market and, subsequently, in the Securities Registry of the Lima Stock Exchange; That, from the evaluation of the documentation presented by Banco Santander Perú S.A., it has been noted the presentation of the documents referred to the total cancellation of the obligations arising from the securities named “First Corporate Bond Program of Banco Santander Perú – First Issuance” and “First Corporate Bond Program of Banco Santander Perú – Second Issuance”, corresponding to the application of Article 23 of the Regulation on Inscription and Exclusion of Securities in the Public Registry of the Securities Market and in the Stock Exchange Wheel, which provides, among others, that the exclusion of the security upon request of the issuer will proceed when the extinction of rights over the security occurs, by amortization, total redemption or other cause; That, likewise, from the information on file in the Public Registry of the Securities Market, it has been noted that with the exclusion of the securities named “First Corporate Bond Program of Banco Santander Perú – First Issuance” and “First Corporate Bond Program of Banco Santander Perú – Second Issuance”, all securities inscribed within the framework of the “First Corporate Bond Program of Banco Santander Perú” will be excluded from the aforementioned registry; that the validity period of the aforementioned issuance program has expired, making it impossible to carry out new issuances of securities within the framework of the same; and that the cessation of public interest has occurred, complying with what is established in the last paragraph of Article 25 of the Regulation on Primary Public Offer and Sale of Securities, approved by Resolution CONASEV No. 141-98-EF/94.10 and its modifying norms, which states that with respect to programs, the exclusion operates when the validity period of inscription has expired and no security had been placed within the framework of the program or when, having been placed, the security or securities are excluded from the Public Registry of the Securities Market; That, Banco Santander Perú S.A. has presented the information and documentation required by the Single Consolidated Text of the Law of the Securities Market, Legislative Decree No. 861, approved by Supreme Decree No.
020-2023-EF, as well as by the Regulation on Inscription and Exclusion of Securities in the Public Registry of the Securities Market and in the Stock Exchange Wheel, approved by SMV Resolution No. 031-2012-SMV/01 and its modifying norms, to the effect of the exclusion of the securities “First Corporate Bond Program of Banco Santander Perú – First Issuance” and “First Corporate Bond Program of Banco Santander Perú – Second Issuance” and of the “First Corporate Bond Program of Banco Santander Perú”; That, Article 39, letters a), b) and d), of the Single Consolidated Text of the Law of the Securities Market; as well as Articles 20 and 23 of the Regulation on Inscription and Exclusion of Securities in the Public Registry of the Securities Market and in the Stock Exchange Wheel, establish that the exclusion of a security from the Public Registry of the Securities Market takes place by a reasoned resolution of the SMV upon request of the issuer, when the inscription of the securities originated by their own will and when the extinction of rights over the security operates, by amortization, total redemption or other cause, and when the cessation of public interest operates;
PERÚ Ministry of Economy and Finance
SMV
Securities Market
Superintendency
“Decade of Equal Opportunities for Women and Men” “Year of Hope and Strengthening of Democracy” 3 Electronally signed document under the framework of Law No. 27269, Law of Digital Signatures and Certificates, its Regulations and amendments. The integrity of the document and the authorship of the signature(s) can be verified at https://apps.firmaperu.gob.pe/web/validador.xhtml That, taking into consideration that Article 15 of the Single Consolidated Text of the Securities Market Law and Article 2 of the Regulation of the Public Registry of the Securities Market, approved by Resolution CONASEV No. 079-97-EF-94.10, establish that in the section “On securities and issuance programs” of the Public Registry of the Securities Market both securities and issuance programs are registered, what is stated in the preceding consideration also applies to such programs, since these are also subject to inscription in the aforementioned Registry; That, regarding the obligation to carry out a Public Offer of Purchase by Exclusion – POP when a security is excluded from the Public Registry of the Securities Market, established in Article 41 of the Single Consolidated Text of the Securities Market Law and in Article 32 of the Regulation on Public Offer of Acquisition and Purchase of Securities by Exclusion, approved by Resolution CONASEV No. 009-2006-EF/94.10 and its modifying norms, it must be stated that the exclusion of the securities named “First Corporate Bond Program of Banco Santander Perú – First Issuance” and “First Corporate Bond Program of Banco Santander Perú – Second Issuance” falls within the exception cause for not carrying out a POP, contemplated in both
Article 23 of the Regulation on Inscription and Exclusion of Securities in the
Public Registry of the Securities Market and in the Stock Exchange Wheel, as well as in Article 37, letter a), of the Regulation on Public Offer of Acquisition and Purchase of Securities by Exclusion; That, Article 7, numeral 6, of the Policy on Dissemination of Normative Projects, General Character Legal Norms, Early Agenda and Other Administrative Acts of the SMV, approved by Resolution SMV No. 014-2014- SMV/01 and its modifying norms, establishes that the decisions contained in administrative resolutions that resolve the exclusion of securities from the Public Registry of the Securities Market must be subject to dissemination through the Institutional Website of the SMV on the Unique Digital Platform of the Peruvian State for Citizen Orientation (www.gob.pe/smv); and, Being subject to what is provided by Article 39, letters a), b) and d), of the Single Consolidated Text of the Securities Market Law; Articles 19, 20, 21 and 23 of the Regulation on Inscription and Exclusion of Securities in the Public Registry of the Securities Market and in the Stock Exchange Wheel; Article 25 of the Regulation on Primary Public Offer and Sale of Securities; as well as by Article 46, numerals 4 and 6, of the Regulation on Organization and Functions of the Superintendency of the Securities Market, approved by Supreme Decree No. 216- 2011-EF and its modifications, which empowers the General Superintendence of Conducts Supervision to resolve the requests submitted by the regulated entities related to primary public offers and to evaluate and/or resolve any procedure related to such offers, as well as to order the exclusion of securities from the Public Registry of the Securities Market. Resolves:
Article 1°.- Order the exclusion of the securities
named “First Corporate Bond Program of Banco
Santander Perú – First Issuance” and “First Corporate Bond Program of Banco Santander Perú – Second Issuance”, corresponding to the “First Corporate Bond Program of Banco Santander Perú”, from the Public Registry of the Securities Market.
Article 2°.- Rule in favor of the exclusion of the
securities indicated in the preceding article, from the Securities Registry of the Lima Stock Exchange.
Article 3°.- Order the exclusion of the issuance
program named “First Corporate Bond Program of Banco Santander Perú” from the Public Registry of the Securities Market.
Article 4°.- Disseminate this resolution on the SMV
Institutional Website on the Unique Digital Platform of the Peruvian State for Citizen Orientation (www.gob.pe/smv).
Article 5°.- Transmit this resolution to Banco
Santander Perú S.A., in the capacity of issuer; to Banco de Crédito del Perú S.A.A., in the capacity of Bondholders' Representative; to the Lima Stock Exchange S.A.; and, to CAVALI S.A. I.C.L.V. Register, communicate and disseminate. Alix Godos General Superintendent General Superintendence of Conducts Supervision
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Source: Superintendencia del Mercado de Valores (Peru) — original document · Summary generated with machine assistance and reviewed before publication; the authoritative text is the regulator's original document. How RegAlert works
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