Banco Santander-Chile (BSAC) places Ch$16.2B Series BG bonds at 6.10% rate
Filing Impact
Filing Sentiment
Form Type
6-K
Rhea-AI Filing Summary
Banco Santander-Chile reported that it placed a new series of bonds in the Chilean local market. Using its credit line registered with the CMF Securities Registry under number 20240007 on April 30, 2025, the bank issued Series BG bonds with ticker BSTDBG0125.
The Series BG bonds totaled Ch$ 16,200,000,000, mature on July 1, 2032, and carried an average placement rate of 6.10%. The transaction was disclosed as a Material Fact to provide timely information on the bank’s funding activities.
Positive
- None.
Negative
- None.
Key Figures
Bond amount: Ch$ 16,200,000,000
Average placement rate: 6.10%
Bond maturity date: July 1, 2032
+2 more
5 metrics
Bond amount
Ch$ 16,200,000,000
Total Series BG bonds (BSTDBG0125) placed in local market
Average placement rate
6.10%
Average rate on Series BG bonds
Bond maturity date
July 1, 2032
Maturity of Series BG bonds
Securities Registry number
20240007
CMF credit line registration on April 30, 2025
Material Fact date
May 18, 2026
Date of bond placement and disclosure
Key Terms
Material Fact, dematerialized bearer bonds, CMF Securities Registry, average placement rate
4 terms
Material Fact regulatory
"hereby report as a Material Fact regarding Banco Santander-Chile"
dematerialized bearer bonds financial
"the Bank placed dematerialized bearer bonds in the local market"
CMF Securities Registry regulatory
"line of credit registered with the CMF Securities Registry under number 20240007"
average placement rate financial
"The average placement rate for the bonds was 6.10%."
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 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 18, 2026
Santiago, May 18, 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 18, 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 BG Bonds, ticker symbol BSTDBG0125, for a total amount of Ch$ 16,200,000,000 pesos, maturing on July 1, 2032. The average placement rate for the bonds was 6.10%.
Sincerely,
Patricia Pérez Pallacán
CFO
C.c:
- Stock Exchange
- Chilean Electronic Exchange
FAQ
What bond issuance did Banco Santander-Chile (BSAC) report in this 6-K?
Banco Santander-Chile reported placing Series BG bonds, ticker BSTDBG0125, in the Chilean local market. The issuance was disclosed as a Material Fact, highlighting a new funding operation carried out through its registered credit line with the CMF Securities Registry.
What is the size of Banco Santander-Chile’s new Series BG bonds (BSTDBG0125)?
The Series BG bonds (BSTDBG0125) were issued for a total amount of Ch$ 16,200,000,000. This represents new funding raised in the local bond market, complementing Banco Santander-Chile’s existing financing sources under its registered CMF credit line.
When do Banco Santander-Chile’s new Series BG bonds mature?
The new Series BG bonds issued by Banco Santander-Chile mature on July 1, 2032. This provides the bank with long-term funding, as the bonds extend its liability profile over several years within the Chilean local capital market framework.
What average rate did Banco Santander-Chile’s Series BG bonds pay?
Banco Santander-Chile’s Series BG bonds carried an average placement rate of 6.10%. This rate reflects the cost at which the bank secured long-term financing in the local market for the Ch$ 16,200,000,000 dematerialized bearer bond issuance.
Under which CMF credit line 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 credit line was registered on April 30, 2025, enabling Banco Santander-Chile to place Series BG bonds in the local market.
Why did Banco Santander-Chile classify this bond issuance as a Material Fact?
The issuance was classified as a Material Fact to provide truthful, sufficient and timely information about essential developments. Banco Santander-Chile highlighted the bond placement so investors could understand changes in its funding structure and securities offered to the public.