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Santander launches first hybrid conduit before the start of the new year

Before 2001 came to an end, Banco Santander was able to close a muti-functional hybrid asset-backed commercial paper conduit in the U.S., marking its second conduit, but its first hybrid and the first in the U.S.

Altamira Funding (see ASR 7/02/01) is authorized to issue $2 billion and was...

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