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Banco Santander-Chile (NYSE: BSAC) places AA-6 bonds at 2.80%

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
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.

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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
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"
Securities Registry regulatory
"registered with the CMF Securities Registry under number 20220013"


 
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 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
 
 
 


image_0.jpg
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

FAQ

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.

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1 document
Banco Santiago

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