Bank of Chile Places Bonds in Local Market

TL;DR

Chile's Bank of Chile just dropped some bonds on the local market.

AI Summary

On March 22, 2024, Bank of Chile (Banco de Chile) announced it has placed certain bonds in the local market. This information was filed as Material Information with the Chilean Financial Market Commission and local stock exchanges.

Why It Matters

This action indicates the bank is raising capital through debt issuance, which can impact its financial leverage and funding costs.

Risk Assessment

Risk Level: low — This is a routine disclosure of a debt issuance, not indicative of immediate financial distress or significant new risk.

Key Players & Entities

• Bank of Chile (company) — Filer of the report
• Banco de Chile (company) — Registrant's name
• Solange Berstein Jáuregui (person) — President of the Financial Market Commission
• March 22, 2024 (date) — Date of the report

FAQ

Filing Documents

• ea0202407-6k_bankofchile.htm (6-K) — 14KB
• 0001213900-24-025155.txt ( ) — 15KB

From the Filing

OF FOREIGN PRIVATE ISSUER FORM 6-K SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Report of Foreign Private Issuer Pursuant to Rule 13a-16 or 15d-16 of the Securities Exchange Act of 1934 For the month of March, 2024 Commission File Number 001-15266 BANK OF CHILE (Translation of registrant’s name into English) Ahumada 251 Santiago, Chile (Address of principal executive offices) Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F. Form 20-F Form 40-F BANCO DE CHILE REPORT ON FORM 6-K Attached is an English translation of a letter filed by Banco de Chile with the Chilean Financial Market Commission and local stock exchanges, informing as Material Information that Banco de Chile placed certain bonds in the local market. 1 Santiago, March 22, 2024 Mrs. Solange Berstein Jáuregui President Financial Market Commission Present Mrs. President: Pursuant to Articles 9 and 10 of Law No. 18,045, Chapter No. 18-10 of the Restated Regulations for Banks issued by the Financial Market Commission (“CMF”) and General Rule (“NCG”) No. 30 of the CMF, as amended by NCG No. 486 of the CMF, duly authorized for this purpose, I inform you the following as Material Information regarding this institution: Today, March 22, 2024, it was carried out the placement in the local market of senior, dematerialized and bearer bonds issued by Banco de Chile. The specific conditions of this placement were the following: Serie EY Bonds, registered in the CMF’s Securities Registry under number 11/2022, for a total amount of Chilean UF (CLF) 350,000, with a maturity date of April 1, 2028, and an average placement rate of 3.29%. Sincerely, Sergio Karlezi Aboitiz Treasury Division Manager Banco de Chile 2 SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. Date: March 22, 2024 Banco de Chile /s/ Sergio Karlezi Aboitiz By: Sergio Karlezi Aboitiz Treasury Division Manager 3

View Full Filing

View this 6-K filing on SEC EDGAR