Banco Santander-Chile (NYSE: BSAC) sells Ch$12,800,000,000 2032 bonds
Filing Impact
Filing Sentiment
Form Type
6-K
Rhea-AI Filing Summary
Banco Santander-Chile reported a new local debt placement. As of April 15, 2026, the Bank issued dematerialized bearer bonds in the Chilean market under its CMF-registered credit line No. 20240007. The Series BG bonds, ticker BSTDBG0125, have a total amount of Ch$12,800,000,000, mature on July 1, 2032, and carried an average placement rate of 5.83%. This transaction represents long-term local funding for the Bank in Chilean pesos.
Positive
- None.
Negative
- None.
Key Figures
Bond amount: Ch$12,800,000,000
Average placement rate: 5.83%
Maturity date: July 1, 2032
+1 more
4 metrics
Bond amount
Ch$12,800,000,000
Series BG bonds placed in local market on April 15, 2026
Average placement rate
5.83%
Average rate for Series BG bond placement
Maturity date
July 1, 2032
Maturity of Series BG (BSTDBG0125) bonds
Credit line registration number
20240007
CMF Securities Registry line registered on April 30, 2025
Key Terms
dematerialized bearer bonds, Material Fact, line of credit, Securities Registry, +1 more
5 terms
dematerialized bearer bonds financial
"the Bank placed dematerialized bearer bonds in the local market"
Material Fact regulatory
"hereby report as a Material Fact regarding Banco Santander-Chile"
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"
Financial Markets Commission regulatory
"President Financial Markets Commission Present"
FAQ
What did Banco Santander-Chile (BSAC) announce in this 6-K filing?
Banco Santander-Chile reported a placement of dematerialized bearer bonds in the local Chilean market. The Series BG bonds, ticker BSTDBG0125, total Ch$12,800,000,000 and mature on July 1, 2032, providing long-term local-currency funding for the bank.
What is the size of Banco Santander-Chile’s new bond issue?
The bond placement totals Ch$12,800,000,000 in Series BG bonds. These dematerialized bearer bonds were issued in the Chilean local market under a previously registered CMF credit line, expanding the bank’s long-term funding base in local currency.
What interest rate applies to Banco Santander-Chile’s Series BG bonds?
The Series BG bonds were placed at an average rate of 5.83%. This average placement rate reflects the cost of long-term funding for Banco Santander-Chile in the local Chilean bond market under the CMF-registered credit line.
When do Banco Santander-Chile’s newly issued Series BG bonds mature?
The Series BG bonds, ticker BSTDBG0125, mature on July 1, 2032. This long-term maturity date means the bonds provide extended-duration funding to Banco Santander-Chile, supporting its balance sheet structure over several years.
Under what program were Banco Santander-Chile’s new bonds issued?
The bonds were issued using a line of credit registered with the CMF Securities Registry under number 20240007 on April 30, 2025. This registered credit line framework allows Banco Santander-Chile to place bonds in the local market as needed.
What type of securities did Banco Santander-Chile issue in this transaction?
Banco Santander-Chile issued dematerialized bearer bonds in the Chilean local market. These bonds are recorded electronically rather than in physical certificates and can be traded by whoever holds them, providing flexible local-currency funding to the bank.
