X0206 3 2014-01-22 0 0001580608 Santander Consumer USA Holdings Inc. SC 0001597448 Sponsor Auto Finance - WP, L.P. C/O WARBURG PINCUS & CO. 450 LEXINGTON AVENUE NEW YORK NY 10017 1 0 1 0 0001597419 Warburg Pincus (Bermuda) Private Equity X, LLC C/O WARBURG PINCUS & CO. 450 LEXINGTON AVENUE NEW YORK NY 10017 1 0 1 0 0001451553 WARBURG PINCUS (BERMUDA) PRIVATE EQUITY X, L.P. C/O WARBURG PINCUS & CO. 450 LEXINGTON AVENUE NEW YORK NY 10017 1 0 1 0 0001597442 Warburg Pincus (Bermuda) X, L.P. C/O WARBURG PINCUS & CO. 450 LEXINGTON AVENUE NEW YORK NY 10017 1 0 1 0 0001597447 Warburg Pincus (Bermuda) X, Ltd. C/O WARBURG PINCUS & CO. 450 LEXINGTON AVENUE NEW YORK NY 10017 1 0 1 0 0001403343 Warburg Pincus (Bermuda) Private Equity Ltd. C/O WARBURG PINCUS & CO. 450 LEXINGTON AVENUE NEW YORK NY 10017 1 0 1 0 0001162870 WARBURG PINCUS LLC 450 LEXINGTON AVENUE NEW YORK NY 0 0 1 0 0001239318 KAYE CHARLES R C/O WARBURG PINCUS & CO. 450 LEXINGTON AVENUE NEW YORK NY 10017 0 0 1 0 0001220638 Landy Joseph P. C/O WARBURG PINCUS & CO. 450 LEXINGTON AVENUE NEW YORK NY 10017 0 0 1 0 Common Stock, par value $0.01 per share 29416903.52 I See footnotes This Form 3 is being filed in connection with the effectiveness of the Registration Statement on Form 8-A relating to the registration under Section 12 of the Securities Exchange Act of 1934, as amended of shares of common stock, par value $0.01 per share ("Common Stock") of Santander Consumer USA Holdings, Inc. (the "Issuer") in connection with the Issuer's initial public offering of such Common Stock. Sponsor Auto Finance Holdings Series LP ("Sponsor Holdings LP") holds 86,496,266 shares of Common Stock of the Issuer. Sponsor Auto Finance GP LLC ("Sponsor GP") is the general partner of Sponsor Holdings LP. A private investor group, including: (i) affiliates of each of Kohlberg Kravis Roberts & Co. L.P., Centerbridge Partners, L.P. and Warburg Pincus LLC; (ii) DFS Sponsor Investments LLC, an entity affiliated with the Chief Executive Officer of the Issuer; and (iii) the President and Chief Financial Officer of the Issuer hold interests in the Issuer through Sponsor Holdings LP. Sponsor Auto Finance - WP, L.P., a Delaware limited partnership ("Sponsor Auto WP") may be deemed to indirectly beneficially own 29,416,903.52 shares of Common Stock of the Issuer by virtue of the interests it holds in Sponsor GP and Sponsor Holdings LP. Common Stock of the Issuer beneficially owned by Sponsor Auto WP may also be deemed to be beneficially owned by Warburg Pincus (Bermuda) Private Equity X, L.P., a Bermuda exempted limited partnership ("WP (Bermuda) LP"), via a wholly owned affiliated entity. Warburg Pincus (Bermuda) Private Equity X, LLC, a Delaware limited liability company ("WP (Bermuda) PE X"), is the general partner of Sponsor Auto WP, and WP (Bermuda) LP, is the sole member of WP (Bermuda) PE X. Warburg Pincus (Bermuda) X, L.P., a Bermuda exempted limited partnership ("WP (Bermuda) X LP"), is the general partner of WP (Bermuda) LP.(continued in footnote 4) Warburg Pincus (Bermuda) X, Ltd., a Bermuda exempted company ("WP (Bermuda) X Ltd."), is the general partner of WP (Bermuda) X LP. Warburg Pincus (Bermuda) Private Equity Ltd., a Bermuda exempted company ("WP (Bermuda) PE Ltd."), wholly owns WP (Bermuda) X Ltd. WP (Bermuda) LP is managed by Warburg Pincus LLC, a New York limited liability company ("WP LLC") and together with Sponsor Auto WP, WP (Bermuda) PE X, WP (Bermuda) LP, WP (Bermuda) X LP, WP (Bermuda) X Ltd. and WP (Bermuda) PE Ltd., the "Warburg Pincus Entities"). Charles R. Kaye and Joseph P. Landy are the Co-Chairmen of WP (Bermuda) PE Ltd. and Managing Members and Co-Chief Executive Officers of WP LLC and may be deemed to control the Warburg Pincus Entities. Each of Messrs. Kaye and Landy, together with the Warburg Pincus Entities are collectively referred to herein as the "Warburg Pincus Reporting Persons." Each Warburg Pincus Reporting Person disclaims beneficial ownership with respect to any shares of Common Stock of the Issuer, except to the extent of its pecuniary interest in such shares of Common Stock. Sponsor Auto WP, WP (Bermuda) PE X, WP (Bermuda) LP, WP (Bermuda) X LP, WP (Bermuda) X Ltd. and WP (Bermuda) PE Ltd. are directors-by-deputization solely for purposes of Section 16 of the Securities Exchange Act of 1934, as amended. Information with respect to each Warburg Pincus Reporting Person is given solely by such Warburg Pincus Reporting Person, and no Warburg Pincus Reporting Person has responsibility for the accuracy or completeness of information supplied by another Warburg Pincus Reporting Person. Due to the limitations on the number of Reporting Persons allowed on Form 3, Warburg Pincus X Partners, L.P., a Delaware limited partnership and its affiliates, who may be deemed to beneficially own shares of Common Stock of the Issuer, report such beneficial ownership on a separate Form 3.* The Power of Attorney given by each of Mr. Kaye and Mr. Landy was previously filed with the U.S. Securities & Exchange Commission on November 26, 2013 as an exhibit to a statement on Form 4 filed by Warburg Pincus Private Equity IX, L.P. with respect to Laredo Petroleum Holdings, Inc. and is hereby incorporated by reference. SPONSOR AUTO FINANCE - WP, L.P.,By: WARBURG PINCUS (BERMUDA) PRIVATE EQUITY X, LLC, its general partner, by /s/ Steven G Glenn, Name: Steven G. Glenn, Title: Vice President and Assistant Secretary 2014-01-22 WARBURG PINCUS (BERMUDA) PRIVATE EQUITY X, LLC, by /s/ Steven G Glenn, Name: Steven G. Glenn, Title: Vice President and Assistant Secretary 2014-01-22 WARBURG PINCUS (BERMUDA) PRIVATE EQUITY X, L.P., By: WARBURG PINCUS (BERMUDA) X, L.P., its general partner, By: WARBURG PINCUS (BERMUDA) X, LTD., its general partner, by /s/ Steven G. Glenn, Name: Steven G. Glenn, Title: Director 2014-01-22 WARBURG PINCUS (BERMUDA) X, L.P., By: WARBURG PINCUS (BERMUDA) X, LTD., its general partner, by /s/ Steven G. Glenn, Name: Steven G. Glenn, Title: Director 2014-01-22 WARBURG PINCUS (BERMUDA) X, LTD., by /s/ Steven G. Glenn , Name: Steven G. Glenn, Title: Director 2014-01-22 WARBURG PINCUS (BERMUDA) PRIVATE EQUITY LTD., by /s/ Steven G. Glenn, Name: Steven G. Glenn, Title: Authorized Signatory 2014-01-22 WARBURG PINCUS LLC, by /s/ Steven G. Glenn, Name: Steven G. Glenn, Title: Managing Director 2014-01-22 CHARLES R. KAYE, by /s/ Steven G. Glenn, Name: Steven G. Glenn, Title: Attorney-in-fact* 2014-01-22 JOSEPH P. LANDY, by /s/ Steven G. Glenn, Name: Steven G. Glenn, Title: Attorney-in-fact* 2014-01-22