Banco de Chile Places Bonds in Local Market
Ticker: BCH · Form: 6-K · Filed: 2025-05-07T00:00:00.000Z
Sentiment: neutral
Topics: debt-issuance, financing, regulation
TL;DR
Banco de Chile just placed some bonds locally, signaling capital market activity.
AI Summary
Banco de Chile announced on May 7, 2025, that it has successfully placed certain bonds in the local market. This action was reported as Material Information to the Chilean Financial Market Commission and local stock exchanges, adhering to local regulations.
Why It Matters
This bond placement indicates the bank's ability to access capital from the local market, which can impact its liquidity and funding costs.
Risk Assessment
Risk Level: low — This is a routine disclosure of a financing activity and does not present immediate new risks.
Key Players & Entities
- Banco de Chile (company) — Registrant and issuer of bonds
- Solange Berstein Jáuregui (person) — President of the Financial Market Commission
- May 7, 2025 (date) — Date of the report and announcement
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.
What was the total amount raised from the bond placement?
The filing does not disclose the total amount raised from the bond placement.
What is the purpose of this bond placement?
The filing does not specify the purpose for which the bond proceeds will be used.
Which local stock exchanges were notified?
The filing mentions notification to 'local stock exchanges' but does not name them specifically.
What are the specific articles and rules cited for this disclosure?
The disclosure cites Articles 9 and 10 of Law No. 18,045, Chapter No. 18-10 of the Restated Regulations for Banks, and General Rule (NCG) No. 30, as amended by NCG No. 486 of the CMF.
From the Filing
0001213900-25-040653.txt : 20250507 0001213900-25-040653.hdr.sgml : 20250507 20250507161803 ACCESSION NUMBER: 0001213900-25-040653 CONFORMED SUBMISSION TYPE: 6-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20250507 FILED AS OF DATE: 20250507 DATE AS OF CHANGE: 20250507 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: 25921660 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 ea024131601-6k_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 May, 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, May 7, 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, May 7, 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 these placements were the following: · Serie FH 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 December 1, 2030, and an average placement rate of 2.92%. 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: May 7, 2025 Banco de Chile /s/ Sergio Karlezi Aboitiz By: Sergio Karlezi Aboitiz Treasury Division Manager