Banco de Chile Places Bonds in Local Market
Ticker: BCH · Form: 6-K · Filed: 2025-03-21T00:00:00.000Z
Sentiment: neutral
Topics: debt-issuance, capital-raising, material-information
Related Tickers: BCH
TL;DR
Banco de Chile just dropped new bonds in the local market, filing it as material info.
AI Summary
On March 21, 2025, 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, designating the bond placement as Material Information.
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 negative event.
Key Players & Entities
- Banco de Chile (company) — Registrant and issuer of bonds
- Solange Berstein Jáuregui (person) — President of the Financial Market Commission
- March 21, 2025 (date) — Date of the filing and letter
FAQ
What type of bonds did Banco de Chile place?
The filing states that Banco de Chile placed 'certain bonds' but does not specify the type, denomination, or interest rate in this report.
What is the total amount of the bond placement?
The provided text does not specify the total amount of the bond placement.
What is the purpose of this Form 6-K filing?
The Form 6-K is filed to provide an English translation of a letter informing the Chilean Financial Market Commission and local stock exchanges about the placement of certain bonds as Material Information.
Which regulatory bodies were notified of this bond placement?
Banco de Chile notified the Chilean Financial Market Commission (CMF) and local stock exchanges.
When was this bond placement considered Material Information?
The filing itself is dated March 21, 2025, and it reports on the placement of bonds, indicating this event is considered Material Information as of that date.
From the Filing
0001013762-25-000997.txt : 20250321 0001013762-25-000997.hdr.sgml : 20250321 20250321161420 ACCESSION NUMBER: 0001013762-25-000997 CONFORMED SUBMISSION TYPE: 6-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20250321 FILED AS OF DATE: 20250321 DATE AS OF CHANGE: 20250321 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: 25760663 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 ea023527001-6k_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 21, 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 21, 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) 1,050,000, 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 21, 2025 Banco de Chile /s/ Sergio Karlezi Aboitiz By: Sergio Karlezi Aboitiz Treasury Division Manager