Bank of Chile Places Bonds in Local Market
Ticker: BCH · Form: 6-K · Filed: 2025-07-10T00:00:00.000Z
Sentiment: neutral
Topics: debt-issuance, capital-raising, local-market
TL;DR
Chile's Bank of Chile just sold some bonds locally. Raising cash.
AI Summary
On July 10, 2025, Bank of Chile (Banco de Chile) announced it has placed certain bonds in the local market. This information was filed as Material Information 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 in its domestic market, which could impact its liquidity and funding costs.
Risk Assessment
Risk Level: low — This is a routine disclosure of a debt issuance, not indicating any unusual financial distress or significant new risks.
Key Players & Entities
- Bank of Chile (company) — Filer of the report
- Banco de Chile (company) — Registrant's name
- Solange Berstein Jáuregui (person) — President of the Financial Market Commission
- July 10, 2025 (date) — Date of the report and announcement
FAQ
What type of bonds did Bank of Chile place in the local market?
The filing states that "certain bonds" were placed, but does not specify the type, maturity, or interest rate of these bonds.
What is the total amount of the bond placement?
The filing does not disclose the total principal amount of the bonds that were placed in the local market.
Who is Solange Berstein Jáuregui and what is her role?
Solange Berstein Jáuregui is identified as the President of the Chilean Financial Market Commission (CMF).
What regulations are being cited in the filing?
The filing cites Articles 9 and 10 of Law No. 18,045, Chapter No. 18-10 of the Restated Regulations for Banks issued by the CMF, and General Rule (NCG) No. 30 of the CMF.
Is this filing an annual report?
No, this is a Report of Foreign Private Issuer on Form 6-K, and the company indicates it files annual reports under Form 20-F.
From the Filing
0001213900-25-062781.txt : 20250710 0001213900-25-062781.hdr.sgml : 20250710 20250710161723 ACCESSION NUMBER: 0001213900-25-062781 CONFORMED SUBMISSION TYPE: 6-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20250710 FILED AS OF DATE: 20250710 DATE AS OF CHANGE: 20250710 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: 251116506 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 ea0248605-6k_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 July, 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, July 10, 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, July 10, 2025, the placement in the local market of three senior, dematerialized and bearer bonds issued by Banco de Chile was carried out. The specific conditions of this placement were the following: ● Serie CG Bonds, registered in the CMF’s Securities Registry under number 11/2015, for a total amount of Chilean UF (CLF) 1,250,000, with a maturity date of August 1, 2032, and an average placement rate of 3.14%. ● Serie CH Bonds, registered in the CMF’s Securities Registry under number 11/2015, for a total amount of Chilean UF (CLF) 400,000, with a maturity date of December 1, 2032, and an average placement rate of 3.14%. ● Serie CI Bonds, registered in the CMF’s Securities Registry under number 11/2015, for a total amount of Chilean UF (CLF) 150,000, with a maturity date of February 1, 2033, and an average placement rate of 3.14%. 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: July 10, 2025 Banco de Chile /s/ Sergio Karlezi Aboitiz By: Sergio Karlezi Aboitiz Treasury Division Manager 2