Banco Santander-Chile (NYSE: BSAC) issues Ch$25B Series BF bonds at 6.10%
Filing Impact
Filing Sentiment
Form Type
6-K
Rhea-AI Filing Summary
Banco Santander-Chile reported a new local bond placement. On May 19, 2026, the bank issued dematerialized bearer bonds in the Chilean market under its CMF-registered credit line number 20240007.
The Series BF bonds, ticker BSTDBF0325, have a total principal of Ch$ 25,000,000,000, an average placement rate of 6.10%, and mature on September 1, 2031. This adds medium-term funding in local currency to support the bank’s operations.
Positive
- None.
Negative
- None.
Key Figures
Bond principal: Ch$ 25,000,000,000
Average placement rate: 6.10%
Maturity date: September 1, 2031
+2 more
5 metrics
Bond principal
Ch$ 25,000,000,000
Series BF bonds BSTDBF0325 principal amount
Average placement rate
6.10%
Yield on Series BF bonds
Maturity date
September 1, 2031
Series BF bonds maturity
Credit line registration
20240007
CMF Securities Registry number used for issuance
Placement date
May 19, 2026
Date bonds were placed in local market
Key Terms
Material Fact, dematerialized bearer bonds, line of credit, Securities Registry, +1 more
5 terms
Material Fact regulatory
"hereby report as a Material Fact regarding Banco Santander-Chile"
dematerialized bearer bonds financial
"the Bank placed dematerialized bearer bonds in the local market"
line of credit financial
"using the line of credit registered with the CMF Securities Registry"
A line of credit is a flexible borrowing arrangement that lets a company draw money up to a preset limit, repay it, and borrow again as needed—similar to a business credit card or an emergency tap on a savings account. It matters to investors because it shows how a firm manages short-term cash needs and growth funding without taking a single large loan; access, cost, and attached conditions can affect liquidity, interest expenses and financial risk.
Securities Registry regulatory
"registered with the CMF Securities Registry under number 20240007"
average placement rate financial
"The average placement rate for the bonds was 6.10%"
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Washington, D.C. 20549
Form 6-K
Report of Foreign Issuer
Pursuant to Rule 13a-16 or 15d-16 of
the Securities Exchange Act of 1934
the Securities Exchange Act of 1934
For the month of May, 2026
Commission File Number: 001-14554
Banco Santander-Chile
Santander-Chile Bank
(Translation of Registrant’s Name into English)
Bandera 140, 20th floor
Santiago, Chile
Telephone: 011-562-320-2000
(Address of principal executive office)
Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F:
Form 20-F ☒ Form 40-F ☐
EXHIBIT INDEX
| EXHIBIT NO. | DESCRIPTION | |||||||
| 99.1 | Material Fact | |||||||
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.
| BANCO SANTANDER-CHILE | ||||||||
| By: | /s/ Cristian Florence | |||||||
| Name: | Cristian Florence | |||||||
| Title: | General Counsel | |||||||
Date: May 19, 2026
Santiago, May 19, 2026
Mrs.
Catherine Tornel León
President
Financial Markets Commission
Present
| Ref. | Communication of Material Fact. | ||||
Mrs President,
In compliance with the provisions of article 9 and subsection 2 of article 10 of Law No. 18,045, on the Securities Market, and General Rule No. 30 of the Commission for the Financial Market (hereinafter , the “CMF”) modified by General Rule No. 486 of August 31, 2022, duly empowered to that effect, hereby report as a Material Fact regarding Banco Santander-Chile (hereinafter, the “Bank”) with the purpose of disclosing in a truthful, sufficient and timely manner the essential facts and information related to the Bank, its businesses and the securities issued by it that are subject to public offering, the following:
As of today, May 19, 2026, the Bank placed dematerialized bearer bonds in the local market, using the line of credit registered with the CMF Securities Registry under number 20240007 on April 30, 2025. The specific terms of these placements were as follows:
- Series BF Bonds, ticker symbol BSTDBF0325, for a total amount of Ch$ 25,000,000,000 pesos, maturing on September 1, 2031. The average placement rate for the bonds was 6.10%.
Sincerely,
Patricia Pérez Pallacán
CFO
C.c:
- Stock Exchange
- Chilean Electronic Exchange
FAQ
What did Banco Santander-Chile (BSAC) disclose in its May 2026 Form 6-K?
Banco Santander-Chile disclosed a local bond placement classified as a Material Fact. The bank issued Series BF dematerialized bearer bonds for Ch$ 25,000,000,000 with a 6.10% average placement rate, maturing September 1, 2031, under a CMF-registered credit line.
What are the key terms of Banco Santander-Chile’s Series BF bonds BSTDBF0325?
The Series BF bonds, ticker BSTDBF0325, total Ch$ 25,000,000,000 in principal. They carry an average placement rate of 6.10% and mature on September 1, 2031. The bonds are dematerialized bearer securities placed in the Chilean local market.
When did Banco Santander-Chile place the new bonds mentioned in the 6-K filing?
Banco Santander-Chile placed the new bonds on May 19, 2026. The transaction was reported the same day as a Material Fact to the Chilean Financial Markets Commission, detailing the Series BF issuance and its key financial conditions.
How large is Banco Santander-Chile’s new bond issuance in the May 2026 filing?
The bank’s new Series BF bond issuance totals Ch$ 25,000,000,000. This principal amount was placed in the local Chilean market as dematerialized bearer bonds under credit line 20240007 registered with the CMF Securities Registry.
What interest rate applies to Banco Santander-Chile’s Series BF bonds?
The Series BF bonds were placed at an average rate of 6.10%. This percentage reflects the yield investors receive on the Ch$ 25,000,000,000 dematerialized bearer bonds maturing on September 1, 2031, in the Chilean local market.
Under which CMF registration was Banco Santander-Chile’s 2026 bond issue made?
The bond placement used a line of credit registered with the CMF Securities Registry under number 20240007. This registration was effective from April 30, 2025, and enabled the bank to issue the Series BF bonds reported as a Material Fact.