Bank of Chile Places Bonds in Local Market

TL;DR

Chile's Bank of Chile just sold some bonds locally. Raising cash.

AI Summary

On March 20, 2025, Bank of Chile (Banco de Chile) announced it has placed certain bonds in the local market. This report is an English translation of a letter filed with the Chilean Financial Market Commission and local stock exchanges.

Why It Matters

This filing indicates the bank is actively raising capital through debt issuance, which could impact its financial leverage and liquidity.

Risk Assessment

Risk Level: low — This is a routine disclosure of a debt issuance, not indicating any 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
• March 20, 2025 (date) — Filing date and announcement date

FAQ

From the Filing

0001213900-25-025543.txt : 20250320 0001213900-25-025543.hdr.sgml : 20250320 20250320161900 ACCESSION NUMBER: 0001213900-25-025543 CONFORMED SUBMISSION TYPE: 6-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20250320 FILED AS OF DATE: 20250320 DATE AS OF CHANGE: 20250320 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: 25756699 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 ea023515001-6k_bankofchile.htm CURRENT REPORT 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 20, 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 20, 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) 300,000, 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 20, 2025 Banco de Chile /s/ Sergio Karlezi Aboitiz By: Sergio Karlezi Aboitiz Treasury Division Manager