Banco de Chile Places Bonds in Local Market
Ticker: BCH · Form: 6-K · Filed: May 8, 2024 · CIK: 1161125
| Field | Detail |
|---|---|
| Company | Bank Of Chile (BCH) |
| Form Type | 6-K |
| Filed Date | May 8, 2024 |
| Risk Level | low |
| Pages | 1 |
| Reading Time | 1 min |
| Sentiment | neutral |
Sentiment: neutral
Topics: debt-issuance, regulatory-filing, bonds
TL;DR
Banco de Chile just dropped some new bonds on the local market.
AI Summary
On May 8, 2024, Banco de Chile filed a Form 6-K to report that it has placed certain bonds in the local market. This filing is an English translation of a letter submitted to 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 — The filing is a routine disclosure of a standard financial transaction (bond issuance) and does not contain negative news or significant changes.
Key Players & Entities
- Banco de Chile (company) — Registrant
- Solange Berstein Jáuregui (person) — President of the Financial Market Commission
- May 08, 2024 (date) — Filing date
FAQ
What type of securities did Banco de Chile place in the local market?
The filing states that Banco de Chile placed "certain bonds" in the local market.
To which regulatory bodies did Banco de Chile report this bond placement?
Banco de Chile reported this to the Chilean Financial Market Commission and local stock exchanges.
What is the purpose of this Form 6-K filing?
The purpose of this Form 6-K is to provide an English translation of a letter informing about the placement of certain bonds in the local market.
Under which articles and rules was this information reported?
The information was reported pursuant to Articles 9 and 10 of Law No. 18,045, Chapter No. 18-10 of the Restated Regulations for Banks, and General Rule No. 30 of the CMF, as amended by NCG No. 486.
What is the principal executive office address of Banco de Chile?
The principal executive offices are located at Ahumada 251, Santiago, Chile.
Filing Stats: 337 words · 1 min read · ~1 pages · Grade level 13.7 · Accepted 2024-05-08 16:23:09
Filing Documents
- ea0205595-6k_bankofchile.htm (6-K) — 12KB
- 0001213900-24-040892.txt ( ) — 13KB
From the Filing
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 May, 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, May 08, 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, May 8, 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 HX Bonds, registered in the CMF’s Securities Registry under the Automatic Registry procedure, registration number 20240002 of April 5, 2024, for a total amount of Chilean UF (CLF) 850,000, with a maturity date of December 1, 2044, and an average placement rate of 3.49%. Sincerely, Sergio Karlezi Aboitiz Treasury Division Manager 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: May 08, 2024 Banco de Chile /s/ Sergio Karlezi Aboitiz By: Sergio Karlezi Aboitiz Treasury Division Manager