January 21, 2014
VIA EDGAR AND E-MAIL
Ms. Suzanne Hayes
U.S. Securities and Exchange Commission
Division of Corporation Finance
100 F Street, N.E.
Washington, D.C. 20549
Re: | Santander Consumer USA Holdings Inc. (the Company) |
Registration Statement on Form S-1
File No. 333-189807
Dear Ms. Hayes:
In connection with the above-referenced Registration Statement, we wish to advise you that between January 8, 2014 and the date hereof we effected the distribution of approximately 10,276 copies of the Companys Preliminary Prospectus dated January 8, 2014 to prospective underwriters, institutional investors, prospective dealers, brokers, individuals, rating agencies and others.
We have been informed by the participating underwriters that they have complied and will continue to comply with Rule 15c2-8 under the Securities Exchange Act of 1934, as amended.
As Representatives of the several underwriters, we hereby join in the request of the Company that the effectiveness of the above-referenced Registration Statement, as amended, be accelerated to 2:00 p.m. EST on January 22, 2014, or as soon thereafter as practicable.
Very truly yours, | ||
CITIGROUP GLOBAL MARKETS INC. | ||
J.P. MORGAN SECURITIES LLC, | ||
As Representatives of the several Underwriters | ||
By: | Citigroup Global Markets Inc. | |
By: | /s/ Zachary Beemer | |
Name: | Zachary Beemer | |
Title: | Vice President | |
By: | J.P. Morgan Securities LLC | |
By: | /s/ Frank Bruni | |
Name: | Frank Bruni | |
Title: | Managing Director |