Santander International Debt has raised €1.75 billion through a bond sale, Reuters reports. The first payment of the bonds, guaranteed by Banco Santander, is due on Feb. 28, 2011.

The notes, which carry a coupon rate of 3.75%, are due to mature on Feb. 28, 2013. The private banking group appointed Bank of America Merrill Lynch, HSBC, Natixis and Santander as lead managers for the deal. 

Click here for the story from Reuters.