[6-K] Banco de ChileAmerican Current Report (Foreign Issuer)

Rhea-AI Filing Summary

Banco de Chile (BCH) Form 6-K – Local bond placement

On 22 Jul 2025 the bank informed the Chilean Financial Market Commission that it completed a domestic offering of three series of senior, dematerialized, bearer bonds:

• Series GB: CLF 500,000, maturity 1 Sep 2034, average placement rate 3.11%.
• Series GG: CLF 150,000, maturity 1 May 2035, average placement rate 3.11%.
• Series HW: CLF 450,000, maturity 1 Jun 2044, average placement rate 3.19%.

The combined issuance totals CLF 1,100,000, providing Banco de Chile with medium- to long-term funding at fixed rates slightly above 3%. All tranches are duly registered with the CMF. The filing contains no additional financial results, guidance, or intended use of proceeds.

Positive

• Successfully raised CLF 1,100,000 in long-dated senior bonds, diversifying and extending the bank’s funding profile at fixed rates near 3%.

Negative

• Increases outstanding debt by CLF 1,100,000, with no disclosed plan for proceeds or impact on leverage ratios.

Insights

Financial Analyst

TL;DR: Routine funding extends debt maturity; neutral short-term impact.

The CLF 1.1 million issuance equates to long-dated funding (9-19 years) at 3.11-3.19%, consistent with Chile’s real-rate curve. While it marginally increases leverage, the fixed-rate structure reduces refinancing risk and supports liquidity management. Absence of earnings or capital guidance limits valuation impact; therefore, the event is operational rather than market-moving.

Fixed-Income Specialist

TL;DR: Successful placement signals steady investor demand but is not materially transformational.

The bank attracted local demand across three maturities, locking in real rates near historical lows for Chilean UF debt. The size and pricing suggest healthy credit perception, yet the volumes represent a modest portion of Banco de Chile’s balance sheet. Without details on proceeds deployment or capital ratios, the transaction’s strategic significance remains limited.

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  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, July 22, 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 22, 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 GB Bonds, registered in the CMF’s Securities Registry under number 11/2022, for a total amount of Chilean UF (CLF) 500,000, with a maturity date of September 1, 2034, and an average placement rate of 3.11%.

· Serie GG Bonds, registered in the CMF’s Securities Registry under number 11/2022, for a total amount of Chilean UF (CLF) 150,000, with a maturity date of May 1, 2035, and an average placement rate of 3.11%.

· Serie HW Bonds, registered in the CMF’s Securities Registry, with registration number 20240002 dated April 5, 2024, for a total amount of Chilean UF (CLF) 450,000, with a maturity date of June 1, 2044, and an average placement rate of 3.19%.

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: July 22, 2025

	Banco de Chile
	/s/ Sergio Karlezi Aboitiz
	By:	Sergio Karlezi Aboitiz
		Treasury Division Manager

FAQ

How much did Banco de Chile (BCH) raise in its July 2025 bond placement?

The bank placed senior bonds totaling CLF 1,100,000.

What are the interest rates on Banco de Chile's new bonds?

Series GB and GG were placed at 3.11%; Series HW at 3.19% average rate.

When do the newly issued BCH bonds mature?

Maturities are 1 Sep 2034 (GB), 1 May 2035 (GG), and 1 Jun 2044 (HW).

Where were the bonds registered?

All three series are registered with Chile’s Financial Market Commission (CMF).

Does the 6-K include Banco de Chile earnings or guidance?

No. The filing only details the bond placement; it provides no earnings data or forward guidance.