Banco de Chile Places Bonds in Local Market

TL;DR

Banco de Chile just dropped some bonds in the local market.

AI Summary

On July 11, 2024, 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 — The filing is a routine disclosure of a debt issuance, not indicating any immediate financial distress or significant new risks.

Key Players & Entities

• Banco de Chile (company) — Issuer of bonds
• July 11, 2024 (date) — Date of filing and announcement
• Chilean Financial Market Commission (company) — Regulator to which information was reported
• Solange Berstein Jáuregui (person) — President of the Financial Market Commission

FAQ

Filing Documents

• ea0209307-6k_bankofchile.htm (6-K) — 13KB
• 0001013762-24-000205.txt ( ) — 14KB

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 July, 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, July 11, 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, July 11, 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 FC Bonds, registered in the CMF’s Securities Registry under number 11/2022, for a total amount of Chilean UF (CLF) 1,050,000, with a maturity date of January 1, 2030, and an average placement rate of 3.47%. Sincerely, Sergio Karlezi Aboitiz Treasury Division Manager 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: July 11, 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