Banco Santander-Chile (BSAC) issues 140,000 UF Series AA-14 bonds at 1.81%
Filing Impact
Filing Sentiment
Form Type
6-K
Rhea-AI Filing Summary
Banco Santander-Chile reports a new local bond placement. On May 15, 2026, the bank issued dematerialized bearer bonds under its line of credit registered with the Chilean Financial Markets Commission (CMF) Securities Registry number 20220013.
The placement covers Series AA-14 bonds, ticker symbol BSTD141223, for a total of 140,000 UF, maturing on December 1, 2028. The average placement rate was 1.81%, indicating the cost of this medium-term funding in inflation-indexed units.
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Key Figures
Bond amount: 140,000 UF
Average placement rate: 1.81%
Bond maturity date: December 1, 2028
+3 more
6 metrics
Bond amount
140,000 UF
Series AA-14 bonds placed in local market
Average placement rate
1.81%
Yield on Series AA-14 bond placement
Bond maturity date
December 1, 2028
Series AA-14 bonds (BSTD141223)
Securities Registry number
20220013
CMF registry for the line of credit used
Registry date
November 15, 2022
Date credit line was registered with CMF
Material fact date
May 15, 2026
Date of bond placement and disclosure
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 20220013"
average placement rate financial
"The average placement rate for the bonds was 1.81%"
FAQ
What did Banco Santander-Chile (BSAC) announce in this May 2026 6-K filing?
Banco Santander-Chile reported a new local bond placement. The bank issued Series AA-14 dematerialized bearer bonds totaling 140,000 UF, maturing December 1, 2028, with an average placement rate of 1.81% under a CMF-registered credit line.
What are the key terms of Banco Santander-Chile’s Series AA-14 bonds (BSTD141223)?
The Series AA-14 bonds, ticker BSTD141223, have a total amount of 140,000 UF and mature on December 1, 2028. They are dematerialized bearer bonds placed in the local Chilean market with an average placement rate of 1.81%.
Under which regulatory authorization did Banco Santander-Chile issue these bonds?
The bank used a line of credit registered with the Chilean Financial Markets Commission (CMF) Securities Registry under number 20220013, registered on November 15, 2022. This registration permits the local placement of the reported Series AA-14 bonds.
What is the average placement rate on Banco Santander-Chile’s new bond issuance?
The average placement rate for Banco Santander-Chile’s Series AA-14 bonds is 1.81%. This percentage reflects the effective yield investors receive on 140,000 UF of bonds maturing December 1, 2028, in Chile’s local capital market.
When do Banco Santander-Chile’s newly issued Series AA-14 bonds mature?
The Series AA-14 bonds mature on December 1, 2028. Investors in these 140,000 UF dematerialized bearer bonds, placed in Chile’s local market at a 1.81% average rate, are scheduled to receive principal repayment on that date.
