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BCH registers Serie GA and HW bonds totaling CLF 600,000 with CMF

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
6-K

Rhea-AI Filing Summary

Banco de Chile disclosed two registered bond series: Serie GA for CLF 50,000 maturing May 1, 2034 at an average placement rate of 2.99%, and Serie HW for CLF 550,000 maturing June 1, 2044 at an average placement rate of 3.12%. Both series are registered in the CMF's Securities Registry (Serie GA: number 11/2022; Serie HW: registration 20240002 dated April 5, 2024).

The notice is signed by Sergio Karlezi Aboitiz, Treasury Division Manager at Banco de Chile, indicating these are formal debt issuances recorded with the Chilean regulator. The filing provides the principal amounts, maturities and average placement rates for each series but does not include use of proceeds, underwriting details or impact on capital ratios.

Positive

  • Two bond series were successfully registered with the CMF, providing documented access to capital markets
  • Clear terms provided: principal amounts, maturity dates and average placement rates (2.99% and 3.12%)

Negative

  • Increases contractual debt obligations by a combined CLF 600,000
  • No disclosure of use of proceeds or impact on capital ratios, limiting understanding of strategic effect

Insights

TL;DR: Banco de Chile issued two CMF-registered bond series totaling CLF 600,000 with 10- and 20-year maturities at ~3% average rates.

The filing specifies two bond series: a shorter 2034 maturity (Serie GA) for CLF 50,000 at an average rate of 2.99% and a longer 2044 maturity (Serie HW) for CLF 550,000 at an average rate of 3.12%. Registration numbers and the CMF registration date for Serie HW are provided, confirming regulatory recording. These details are sufficient to confirm executed placements and contractual cost of debt but do not disclose investor composition, pricing mechanics, or effects on leverage and liquidity metrics.

TL;DR: The bank added medium- and long-term liabilities formally registered with the regulator; specific strategic use of proceeds is not stated.

The document is a formal notice of bond registration and issuance, signed by the Treasury Division Manager. It provides clear contractual terms—amounts, maturities, and average placement rates—which are key for cash-flow planning. Absent from the filing are details on how proceeds will be allocated, any covenants, or call/put features, so the filing confirms issuance but not operational impact.

 

 

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 September, 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, September 15, 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, September 15, 2025, the placement in the local market of two senior, dematerialized and bearer bonds issued by Banco de Chile was carried out.

 

The specific conditions of this placement were the following:

 

Serie GA Bonds, registered in the CMF’s Securities Registry under number 11/2022, for a total amount of Chilean UF (CLF) 50,000, with a maturity date of May 1, 2034, and an average placement rate of 2.99%.

 

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) 550,000, with a maturity date of June 1, 2044, and an average placement rate of 3.12%.

 

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: September 15, 2025

 

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

 

 

2

 

 

FAQ

What bond series did Banco de Chile (BCH) register in this filing?

Serie GA (CLF 50,000, maturity May 1, 2034, avg rate 2.99%) and Serie HW (CLF 550,000, maturity June 1, 2044, avg rate 3.12%).

Are the bond issuances registered with the Chilean regulator (CMF)?

Yes. Serie GA is registered under number 11/2022 and Serie HW under registration 20240002 dated April 5, 2024.

Who signed the Banco de Chile bond registration notice?

The filing is signed by Sergio Karlezi Aboitiz, Treasury Division Manager at Banco de Chile.

What are the maturities and average placement rates for the bonds?

Serie GA matures May 1, 2034 at an average rate of 2.99%; Serie HW matures June 1, 2044 at an average rate of 3.12%.

Does the filing state how Banco de Chile will use the proceeds?

No. The filing lists amounts, maturities and rates but does not disclose the use of proceeds.
Banco Chile

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