SQM Places $430M in Hybrid Bonds

Ticker: SQM · Form: 6-K · Filed: Dec 4, 2025 · CIK: 909037

Sentiment: neutral

Topics: debt-issuance, financing, bonds

Related Tickers: SQM

TL;DR

SQM just dropped $430M in new bonds, maturing in 2058, at a 3.84% rate.

AI Summary

Sociedad Química y Minera de Chile S.A. (SQM) announced on December 4, 2025, the completion of its Series S Bonds placement in the Chilean market for UF 10,000,000 (approximately US$430 million). These bonds mature on February 15, 2058, and carry a fixed annual interest rate of 4% on the outstanding principal, with an effective placement rate of 3.84%. The proceeds will be used for general corporate purposes.

Why It Matters

This issuance provides SQM with long-term financing, potentially strengthening its financial position and supporting future operational needs.

Risk Assessment

Risk Level: low — The filing is a routine announcement of a completed bond issuance, with no immediate negative implications.

Key Numbers

Key Players & Entities

FAQ

What is the total amount raised by SQM through the Series S Bonds placement?

SQM completed the placement of Series S Bonds for a total amount of UF 10,000,000, which is approximately US$430 million.

When do the Series S Bonds mature?

The Series S Bonds mature on February 15, 2058.

What is the fixed annual interest rate on the Series S Bonds?

The Series S Bonds will accrue a fixed annual interest rate of 4% on the outstanding principal expressed in UF.

What was the effective placement rate for these bonds?

The effective placement rate for the Series S Bonds was 3.84%.

How will SQM use the proceeds from this bond issuance?

The proceeds from the placement will be used for general corporate purposes.

Filing Stats: 288 words · 1 min read · ~1 pages · Grade level 10.6 · Accepted 2025-12-04 13:28:31

Key Financial Figures

Filing Documents

From the Filing

pr_issuanceofhybridbondx SQM ANNOUNCES ISSUANCE OF LOCAL HYBRID BOND Santiago, Chile – D ecember 4 , 20 25 - Sociedad Química y Minera de Chile S.A. (SQM) (NYSE: SQM; Santiago Stock Exchange: SQM -B, SQM -A) announced today that it has completed the placement of Series S Bonds in the Chilean general securities market for a total amount of UF 10,000,000 (approximately US$430 millio n). The placement was authorized on November 25, 2025, and is part of a 35 -year bond program registered in the Securities Registry of the Commission for the Financial Market (CMF) under No. 1239. The Series S Bonds (i ) mature on February 15, 2058; (ii) will accrue, on the outstanding principal expressed in UF (unidades de fomento ), a fixed annual interest rate of 4%, starting November 15, 2025; and (iii) the effective placement rate was 3.84%, which includes a local placement spread over the Central Bank of Chile's UF -denominated bond of equivalent term of 1.52% . Proceeds from the placement will be used for general corporate purposes and to refinance existing debt. About SQM SQM is a global company that is listed on the New York Stock Exchange and the Santiago Stock Exchange (NYSE: SQM; Santiago Stock Exchange: SQM -B, SQM -A). SQM develops and produces diverse products for several industries essential for human progress, such a s health, nutrition, renewable energy and technology through innovation and technological development. We aim to maintain our leading world position in the lithium, potassium nitrate, and iodine markets. For further information, contact: Gerardo Illanes: gerardo.illanes@sqm.com Isabel Bendeck: isabel.bendeck@sqm.com Megan Suitor: megan.suitor@sqm.com Media contacts: Lithium Division: Ignacia Lopez / ignacia.lopez@sqm.com Iodine - Plant Nutrition Division: Carolina Guzman / carolina.guzman@sqm.com International Lithium Divicion: Diana WearingSmith / diana.wearingsmith@sqm.com

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