Banco Santander-Chile (BSAC) sells Ch$14B Series BG bonds at 5.83%
Filing Impact
Filing Sentiment
Form Type
6-K
Rhea-AI Filing Summary
Banco Santander-Chile reports that it placed dematerialized bearer bonds in the local Chilean market on April 16, 2026. The placement involved Series BG bonds (ticker BSTDBG0125) totaling Ch$14,000,000,000, with an average placement rate of 5.83% and maturity on July 1, 2032. The issuance was carried out under the Bank’s line of credit registered with the CMF Securities Registry under number 20240007.
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Key Figures
Bond amount: Ch$14,000,000,000
Average placement rate: 5.83%
Maturity date: July 1, 2032
+3 more
6 metrics
Bond amount
Ch$14,000,000,000
Total Series BG bonds placed in local market
Average placement rate
5.83%
Yield on Series BG bond placement
Maturity date
July 1, 2032
Final maturity of Series BG bonds
Placement date
April 16, 2026
Date bonds were placed in local market
Securities Registry number
20240007
CMF line of credit registration number
Registry date
April 30, 2025
Date line of credit was registered with CMF
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"
placement rate financial
"The average placement rate for the bonds was 5.83%."
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 April, 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: April 16, 2026
Santiago, April 16, 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, April 16, 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 BG Bonds, ticker symbol BSTDBG0125, for a total amount of Ch$14,000,000,000, maturing on July 1, 2032. The average placement rate for the bonds was 5.83%.
Sincerely,
Patricia Pérez Pallacán
CFO
C.c:
- Stock Exchange
- Chilean Electronic Exchange
FAQ
What bond issuance did Banco Santander-Chile (BSAC) disclose in this filing?
Banco Santander-Chile disclosed a placement of dematerialized bearer bonds totaling Ch$14,000,000,000 in the local market. These are Series BG bonds with ticker BSTDBG0125, issued under an existing CMF-registered credit line for funding purposes.
What are the main terms of Banco Santander-Chile (BSAC) Series BG bonds?
The Series BG bonds (ticker BSTDBG0125) total Ch$14,000,000,000, carry an average placement rate of 5.83%, and mature on July 1, 2032. They were issued as dematerialized bearer bonds in the Chilean local market.
When did Banco Santander-Chile (BSAC) place the new bonds in the market?
Banco Santander-Chile placed the new Series BG bonds in the local market on April 16, 2026. The transaction was carried out under a previously registered line of credit with the Chilean Financial Market Commission (CMF).
Under what regulatory framework were Banco Santander-Chile (BSAC) bonds issued?
The bonds were issued using a line of credit registered with the CMF Securities Registry under number 20240007 on April 30, 2025. The disclosure is made as a Material Fact under Chilean securities market rules.
What interest rate applies to Banco Santander-Chile (BSAC) Series BG bonds?
The Series BG bonds issued by Banco Santander-Chile have an average placement rate of 5.83%. This rate reflects the yield accepted by investors in the local market at the time of placement on April 16, 2026.