Banco de Chile Places Bonds in Local Market

TL;DR

Banco de Chile just sold some bonds locally, raising capital.

AI Summary

Banco de Chile announced on March 25, 2024, that it successfully placed certain bonds in the local market. This information was filed as Material Information with the Chilean Financial Market Commission and local stock exchanges, adhering to regulations like Law No. 18,045 and CMF General Rules.

Why It Matters

This bond issuance indicates the bank's ability to access capital from the local market, which can support its lending activities and financial stability.

Risk Assessment

Risk Level: low — The filing is a routine disclosure of a bond placement, not indicating any new or significant risks.

Key Players & Entities

• Banco de Chile (company) — Registrant and issuer of bonds
• Solange Berstein Jáuregui (person) — President of the Financial Market Commission
• Law No. 18,045 (legal_document) — Regulation governing the disclosure
• NCG No. 30 (legal_document) — Regulation governing the disclosure
• NCG No. 486 (legal_document) — Amendment to regulation governing the disclosure

FAQ

Filing Documents

• ea020252901-6k_bancodechile.htm (6-K) — 11KB
• 0001213900-24-025550.txt ( ) — 12KB

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 x Form 40-F o 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. Santiago, March 25, 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 25, 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 FA Bonds, registered in the CMF’s Securities Registry under number 11/2022, for a total amount of Chilean UF (CLF) 400,000, with a maturity date of August 1, 2028, and an average placement rate of 3.29%. Sincerely, Sergio Karlezi Aboitiz Treasury Division Manager Banco de Chile 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 25, 2024 Banco de Chile /s/ Sergio Karlezi Aboitiz By: Sergio Karlezi Aboitiz Treasury Division Manager

View Full Filing

View this 6-K filing on SEC EDGAR