Bank of Chile Places Bonds in Local Market
Ticker: BCH · Form: 6-K · Filed: 2025-03-17T00:00:00.000Z
Sentiment: neutral
Topics: debt-issuance, bonds, capital-raising, regulatory-filing
TL;DR
Chile's Bank of Chile just dropped some bonds locally. Watch their debt levels.
AI Summary
On March 17, 2025, Bank of 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 could impact its financial leverage and funding costs.
Risk Assessment
Risk Level: low — This is a routine disclosure of a debt issuance, not an event that inherently increases risk.
Key Players & Entities
- Bank of Chile (company) — Registrant
- Solange Berstein Jáuregui (person) — President of the Financial Market Commission
- March 17, 2025 (date) — Filing date
FAQ
What type of bonds did Bank of Chile place?
The filing states that "certain bonds" were placed, but does not specify the type or terms of these bonds.
What was the total amount raised from the bond placement?
The filing does not disclose the specific dollar amount raised from the bond placement.
When did the bond placement occur?
The filing indicates the report is for the month of March 2025, and the letter is dated March 17, 2025, suggesting the placement occurred around this time.
Who is Solange Berstein Jáuregui?
Solange Berstein Jáuregui is identified as the President of the Financial Market Commission.
What is the purpose of this Form 6-K filing?
The purpose is to report the placement of certain bonds in the local market as Material Information, as required by Chilean regulations.
From the Filing
0001213900-25-024569.txt : 20250317 0001213900-25-024569.hdr.sgml : 20250317 20250317163829 ACCESSION NUMBER: 0001213900-25-024569 CONFORMED SUBMISSION TYPE: 6-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20250317 FILED AS OF DATE: 20250317 DATE AS OF CHANGE: 20250317 FILER: COMPANY DATA: COMPANY CONFORMED NAME: BANK OF CHILE CENTRAL INDEX KEY: 0001161125 STANDARD INDUSTRIAL CLASSIFICATION: COMMERCIAL BANKS, NEC [6029] ORGANIZATION NAME: 02 Finance IRS NUMBER: 000000000 FILING VALUES: FORM TYPE: 6-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-15266 FILM NUMBER: 25745129 BUSINESS ADDRESS: STREET 1: PASEO AHUMADA 251 CITY: SANTIAGO STATE: F3 ZIP: 00000 BUSINESS PHONE: 562-637-2044 MAIL ADDRESS: STREET 1: PASEO AHUMADA 251 CITY: SANTIAGO STATE: F3 ZIP: 00000 6-K 1 ea023466101-6k_bankofchile.htm REPORT 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, 2025 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 17, 2025 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 17, 2025, 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) 600,000, with a maturity date of January 1, 2030, and an average placement rate of 2.97%. 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: March 17, 2025 Banco de Chile /s/ Sergio Karlezi Aboitiz By: Sergio Karlezi Aboitiz Treasury Division Manager