Banco Santander-Chile issues AA-6 bonds at 2.80%
Banco Santander-Chile reported a new local bond placement in Chile.
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Form Type
6-K
Rhea-AI Filing Summary
Banco Santander-Chile reported a new local bond placement in Chile. As of March 31, 2026, the bank placed dematerialized bearer bonds in the local market under its existing CMF-registered line of credit number 20220013.
The placement corresponds to Series AA-6 bonds, ticker symbol BSTDA61022, for a total amount of 1,000,000 UF. These bonds mature on October 1, 2037, and the average placement rate was 2.80%, providing the bank with long-term local currency funding.
Key Figures
Bond amount: 1,000,000 UF
Average placement rate: 2.80%
Bond maturity: October 1, 2037
+1 more
4 metrics
Bond amount
1,000,000 UF
Series AA-6 bonds placed in local market
Average placement rate
2.80%
Yield on Series AA-6 bond issuance
Bond maturity
October 1, 2037
Maturity date of Series AA-6 bonds
Credit line registration number
20220013
CMF Securities Registry, registered November 15, 2022
Key Terms
dematerialized bearer bonds, line of credit, Material Fact, Securities Registry
4 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.
Material Fact regulatory
"hereby report as a Material Fact regarding Banco Santander-Chile"
Information or an event that a reasonable investor would consider important when deciding to buy, sell or hold a security; it changes the expected value, risk, or outlook of an investment. Regulators treat material facts as disclosures that companies must share publicly because they can affect market prices, similar to a key ingredient in a recipe that determines the final taste. It matters to investors because material facts can change the basis for an investment decision and move trading activity and prices.
Securities Registry regulatory
"registered with the CMF Securities Registry under number 20220013"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What bond issuance did Banco Santander-Chile (BSAC) disclose in this 6-K?
Banco Santander-Chile disclosed the placement of Series AA-6 dematerialized bearer bonds in the local Chilean market. The issuance totals 1,000,000 UF and was carried out under an existing CMF-registered line of credit number 20220013 from November 15, 2022.
What are the key terms of Banco Santander-Chile’s Series AA-6 bonds (BSTDA61022)?
The Series AA-6 bonds, ticker BSTDA61022, have a total amount of 1,000,000 UF and mature on October 1, 2037. The average placement rate for this issuance was 2.80%, reflecting the cost of this long-term local funding for the bank.
When do Banco Santander-Chile’s newly placed AA-6 bonds mature?
The Series AA-6 bonds placed by Banco Santander-Chile mature on October 1, 2037. This long-dated maturity helps the bank secure extended-term funding in the Chilean market, aligning its liabilities with longer-term business needs and client activities.
What interest rate did Banco Santander-Chile achieve on the AA-6 bond placement?
The average placement rate for Banco Santander-Chile’s Series AA-6 bonds was 2.80%. This percentage represents the yield investors required for the 1,000,000 UF issuance maturing on October 1, 2037, in the local Chilean market.
Under what regulatory framework was the Banco Santander-Chile bond issued?
The bond was issued using a line of credit registered with the Chilean CMF Securities Registry under number 20220013 on November 15, 2022. The disclosure was made as a Material Fact in compliance with Chilean securities market law and CMF regulations.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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 March, 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: March 31, 2026
Santiago, March 31, 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, March 31, 2026, the Bank placed dematerialized bearer bonds in the local market, using the line of credit registered with the CMF Securities Registry under number 20220013 on November 15, 2022. The specific terms of these placements were as follows:
- Series AA-6 Bonds, ticker symbol BSTDA61022, for a total amount of 1,000,000 UF, maturing on October 1, 2037. The average placement rate for the bonds was 2.80%.
Sincerely,
Patricia Pérez Pallacán
CFO
C.c:
- Stock Exchange
- Chilean Electronic Exchange