Banco Santander-Chile (NYSE: BSAC) issues Ch$10.5B bonds at 6% due 2031

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

6-K

Rhea-AI Filing Summary

Banco Santander-Chile reported that it placed new bonds in the local Chilean market. On May 20, 2026, the bank issued dematerialized bearer bonds under its line of credit registered with the CMF Securities Registry number 20240007.

The placement covered Series BF bonds (ticker BSTDBF0325) for a total of Ch$ 10,500,000,000, maturing on September 1, 2031. The average placement rate was 6.00%, providing the bank with medium-term local currency funding through the Chilean capital market.

Key Figures

Bond amount: Ch$ 10,500,000,000 Average placement rate: 6.00% Maturity date: September 1, 2031 +2 more

5 metrics

Bond amount Ch$ 10,500,000,000 Total Series BF bonds placed in local market

Average placement rate 6.00% Yield on Series BF bond issuance

Maturity date September 1, 2031 Series BF bonds BSTDBF0325 maturity

Securities Registry number 20240007 CMF credit line registration used for issuance

Registration date April 30, 2025 Date credit line registered with CMF

Key Terms

dematerialized bearer bonds, line of credit, Securities Registry, Material Fact, +1 more

5 terms

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"

Material Fact regulatory

"hereby report as a Material Fact regarding Banco Santander-Chile"

placement rate financial

"The average placement rate for the bonds was 6.00%"

Form 6-K: How Foreign Companies Report to the SEC →

05/20/2026 - 03:34 PM

SECURITIES AND EXCHANGE COMMISSION
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

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 20, 2026

Santiago, May 20, 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 20, 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$ 10,500,000,000 pesos, maturing on September 1, 2031. The average placement rate for the bonds was 6.00%.

Sincerely,

Patricia Pérez Pallacán

CFO

C.c:

- Stock Exchange

- Chilean Electronic Exchange

Source: View Original Filing on SEC EDGAR

FAQ

What transaction did Banco Santander-Chile (BSAC) report in this 6-K?

Banco Santander-Chile reported placing dematerialized bearer bonds in the Chilean local market. The issuance involved Series BF bonds under a pre-registered CMF credit line, giving the bank medium-term local currency funding through the domestic capital markets.

How large was Banco Santander-Chile's new bond issuance and in what series?

The bank issued Series BF bonds for a total of Ch$ 10,500,000,000. These bonds, identified by ticker BSTDBF0325, were placed in the Chilean local market under an existing credit line registered with the Financial Market Commission.

What are the key terms of Banco Santander-Chile’s Series BF bonds (BSTDBF0325)?

The Series BF bonds (BSTDBF0325) have a total amount of Ch$ 10,500,000,000 and mature on September 1, 2031. The average placement rate was 6.00%, reflecting the cost of this medium-term local funding for the bank.

When do Banco Santander-Chile’s newly issued bonds mature?

The newly issued Series BF bonds mature on September 1, 2031. This gives Banco Santander-Chile a medium-term debt profile, with funding in Chilean pesos extending roughly five years from the May 20, 2026 placement date described in the material fact.

At what interest rate did Banco Santander-Chile place its Series BF bonds?

The bank placed its Series BF bonds at an average rate of 6.00%. This percentage represents the average yield investors will receive on the dematerialized bearer bonds issued in the Chilean local market under the existing CMF-registered credit line.

Under which regulatory registration did Banco Santander-Chile issue these bonds?

The bonds were issued using a line of credit registered with the CMF Securities Registry under number 20240007. This registration, dated April 30, 2025, enabled Banco Santander-Chile to place the Series BF bonds in the local Chilean market.

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