Banco de Chile Places Bonds in Local Market
Ticker: BCH · Form: 6-K · Filed: 2025-04-01T00:00:00.000Z
Sentiment: neutral
Topics: debt-issuance, capital-markets, regulatory-filing
TL;DR
Banco de Chile just dropped some bonds in the local market. 💰
AI Summary
On April 1, 2025, Banco de Chile announced the placement of certain bonds in the local market. This information was filed as Material Information with the Chilean Financial Market Commission and local stock exchanges, as per Chilean regulations.
Why It Matters
This bond placement indicates the bank's activity in raising capital through debt instruments, which can impact its liquidity and funding costs.
Risk Assessment
Risk Level: low — The filing is a routine disclosure of a bond placement, not indicating any immediate financial distress or significant new risks.
Key Players & Entities
- Banco de Chile (company) — Filer of the report and issuer of bonds
- Solange Berstein Jáuregui (person) — President of the Financial Market Commission
- Chilean Financial Market Commission (company) — Regulatory body to which the information was reported
FAQ
What type of bonds did Banco de Chile place?
The filing states that "certain bonds" were placed, but does not specify the type, denomination, or maturity of these bonds.
What was the total amount raised from the bond placement?
The filing does not disclose the total amount of the bond placement.
What is the purpose of this bond placement?
The filing does not specify the purpose for which the bonds were placed.
When was this bond placement completed?
The filing indicates the report is for the month of April 2025 and was filed on April 1, 2025, but does not state the exact completion date of the bond placement.
Are these bonds being offered to the public or to specific investors?
The filing mentions placement in the "local market" but does not specify whether it was a public offering or a private placement.
From the Filing
0001213900-25-027147.txt : 20250401 0001213900-25-027147.hdr.sgml : 20250401 20250401162323 ACCESSION NUMBER: 0001213900-25-027147 CONFORMED SUBMISSION TYPE: 6-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20250401 FILED AS OF DATE: 20250401 DATE AS OF CHANGE: 20250401 FILER: COMPANY DATA: COMPANY CONFORMED NAME: BANK OF CHILE CENTRAL INDEX KEY: 0001161125 STANDARD INDUSTRIAL CLASSIFICATION: COMMERCIAL BANKS, NEC [6029] ORGANIZATION NAME: 02 Finance EIN: 000000000 FILING VALUES: FORM TYPE: 6-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-15266 FILM NUMBER: 25800024 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 ea023662801-6k_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 April, 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 ☒ 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. Santiago, April 1, 2025 Mrs. Solange Berstein Jáuregui President Financial Market Commission Present Of our consideration: 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, April 1, 2025, the placement in the local market of senior, dematerialized and bearer bonds issued by Banco de Chile was carried out. 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) 800,000, with a maturity date of January 1, 2030, and an average placement rate of 2.96% Sincerely, Sergio Karlezi Aboitiz Treasury Division Manager 1 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: April 1, 2025 Banco de Chile /s/ Sergio Karlezi Aboitiz By: Sergio Karlezi Aboitiz Treasury Division Manager 2