Banco Santander-Chile (NYSE: BSAC) issues 1,600,000 UF bonds due 2030
Filing Impact
Filing Sentiment
Form Type
6-K
Rhea-AI Filing Summary
Banco Santander-Chile reported that on March 9, 2026 it placed dematerialized bearer bonds in the local Chilean market under its CMF-registered credit line No. 102016.
The placement corresponds to Series T-22 bonds (ticker BSTD220622) for a total of 1,600,000 UF, maturing on June 1, 2030, with an average placement rate of 2.40%.
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FAQ
What bond issuance did Banco Santander-Chile (BSAC) announce in March 2026?
Banco Santander-Chile announced a placement of dematerialized bearer bonds in the local Chilean market. The issue corresponds to Series T-22 bonds for a total of 1,600,000 UF, executed on March 9, 2026 under its registered CMF credit line.
What are the key terms of Banco Santander-Chile’s Series T-22 bonds (BSTD220622)?
The Series T-22 bonds, ticker BSTD220622, total 1,600,000 UF and were placed in the local market. They mature on June 1, 2030, and the average placement rate for the issue was 2.40%, according to the company’s material fact report.
When do Banco Santander-Chile’s newly placed Series T-22 bonds mature?
The Series T-22 bonds placed by Banco Santander-Chile mature on June 1, 2030. This medium-term maturity date defines how long investors will receive payments before principal repayment, as specified in the material fact communicated to the Chilean Financial Markets Commission.
What interest rate did Banco Santander-Chile achieve on its Series T-22 bond placement?
Banco Santander-Chile achieved an average placement rate of 2.40% on its Series T-22 bond issuance. This rate reflects the yield demanded by investors in the local market for the 1,600,000 UF bonds maturing on June 1, 2030.
Under which credit line did Banco Santander-Chile issue the Series T-22 bonds?
The Series T-22 bonds were issued using Banco Santander-Chile’s credit line registered with the CMF Securities Registry under number 102016. This line was registered on August 11, 2016, and enabled the bank to place the 1,600,000 UF in bonds locally.
In which market were Banco Santander-Chile’s Series T-22 bonds placed?
Banco Santander-Chile placed its Series T-22 dematerialized bearer bonds in the local Chilean market. The transaction used a CMF-registered credit line and resulted in a 1,600,000 UF issuance with an average placement rate of 2.40% and maturity on June 1, 2030.
