Bank of Chile Places Bonds in Local Market
Ticker: BCH · Form: 6-K · Filed: Sep 30, 2024 · CIK: 1161125
| Field | Detail |
|---|---|
| Company | Bank Of Chile (BCH) |
| Form Type | 6-K |
| Filed Date | Sep 30, 2024 |
| Risk Level | low |
| Pages | 1 |
| Reading Time | 1 min |
| Sentiment | neutral |
Sentiment: neutral
Topics: debt-issuance, bonds, regulatory-filing
TL;DR
Chile's Bank of Chile just dropped some new bonds locally. 💰
AI Summary
On September 30, 2024, Bank of Chile (Banco de Chile) filed a Form 6-K to report the placement of 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 — 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) — Registrant
- Banco de Chile (company) — Registrant (Spanish name)
- Solange Berstein Jáuregui (person) — President of the Financial Market Commission
- 001-15266 (dollar_amount) — SEC File Number
FAQ
What type of securities did Bank of Chile place?
The filing states that Bank of Chile placed 'certain bonds' in the local market.
To which regulatory bodies did Bank of Chile report this bond placement?
Bank of Chile reported this to the Chilean Financial Market Commission and local stock exchanges.
What is the filing date of this Form 6-K?
The filing date is September 30, 2024.
What is the principal executive office address of Bank of Chile?
The principal executive office is located at Ahumada 251, Santiago, Chile.
Does Bank of Chile file annual reports under Form 20-F or 40-F?
Bank of Chile indicates it files annual reports under Form 20-F.
Filing Stats: 336 words · 1 min read · ~1 pages · Grade level 13.7 · Accepted 2024-09-30 16:13:32
Filing Documents
- ea0216187-6k_bankofchile.htm (6-K) — 11KB
- 0001213900-24-083366.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 September, 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, September 30, 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, September 30, 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 number 20240002 of April 5, 2024, for a total amount of Chilean UF (CLF) 2,100,000, with a maturity date of December 1, 2044, and an average placement rate of 2.36%. 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: September 30, 2024 Banco de Chile /s/ Sergio Karlezi Aboitiz By: Sergio Karlezi Aboitiz Treasury Division Manager 3