Banco Santander-Chile sells $15M bond due 2031
Banco Santander-Chile (BSAC) reports issuing a new bond under its EMTN Programme.
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Form Type
6-K
Rhea-AI Filing Summary
Banco Santander-Chile (BSAC) reports issuing a new bond under its EMTN Programme. As of August 19, 2026, with settlement on August 26, 2026, the Bank issued a USD 15 million bond maturing on August 26, 2031 at a rate of SOFR + 90 bps.
The disclosure is made as a material fact to provide truthful, sufficient and timely information regarding the Bank, its business and publicly offered securities in accordance with Chilean securities regulations.
Key Figures
Bond issuance size: USD 15 million
Settlement date: August 26, 2026
Maturity date: August 26, 2031
+2 more
5 metrics
Bond issuance size
USD 15 million
Size of bond issued under the EMTN Programme as of August 19, 2026
Settlement date
August 26, 2026
Settlement date of the newly issued bond
Maturity date
August 26, 2031
Maturity date of the newly issued bond
Interest rate spread
SOFR + 90 bps
Issue rate on the bond relative to SOFR
Law reference
Law No. 18,045
Chilean Securities Market Law cited in the material fact disclosure
Key Terms
EMTN Programme, SOFR, Material Fact, Financial Markets Commission, +1 more
5 terms
EMTN Programme financial
"we issued a USD 15 million bond under our EMTN Programme"
SOFR financial
"a issue rate of SOFR + 90bps"
The Secured Overnight Financing Rate (SOFR) is a market benchmark that measures the cost of borrowing cash overnight using U.S. Treasury securities as collateral. Investors watch SOFR because it acts like a speedometer for short-term interest costs—affecting loan rates, bond yields and the pricing of interest-rate contracts—so movements change borrowing expenses, cash returns and the value of interest-sensitive investments.
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.
Financial Markets Commission regulatory
"President Financial Markets Commission Present"
General Rule No. 486 regulatory
"modified by General Rule No. 486 of August 31, 2022"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What bond issuance did Banco Santander-Chile (BSAC) announce in this Form 6-K?
Banco Santander-Chile announced a USD 15 million bond issued under its EMTN Programme. The bond settles on August 26, 2026, matures on August 26, 2031, and carries an interest rate of SOFR + 90 basis points.
When does the new Banco Santander-Chile (BSAC) bond mature?
The newly issued Banco Santander-Chile bond matures on August 26, 2031. It was issued as of August 19, 2026, with a settlement date of August 26, 2026, and forms part of the Bank’s EMTN Programme funding activities.
What is the interest rate on Banco Santander-Chile’s new USD 15 million bond?
The interest rate on the new Banco Santander-Chile bond is SOFR + 90 bps. This means investors receive the Secured Overnight Financing Rate plus an additional 0.90 percentage points, reflecting a floating-rate structure under the Bank’s EMTN Programme.
Under which program did Banco Santander-Chile (BSAC) issue the August 2026 bond?
Banco Santander-Chile issued the USD 15 million bond under its EMTN Programme. The issuance is disclosed as a material fact to the Chilean Financial Market Commission, aligning with local securities law and general rules governing public securities offerings.
Why did Banco Santander-Chile disclose this bond as a material fact?
The bond issuance was reported as a Material Fact to provide truthful, sufficient and timely information about the Bank and its publicly offered securities, as required by Chilean Law No. 18,045 and related General Rules of the Financial Market Commission.
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 August, 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: August 20, 2026
Santiago, August 19, 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, August 19, 2026, with a settlement date of August 26, 2026, we issued a USD 15 million bond under our EMTN Programme, maturing on August 26, 2031, and a issue rate of SOFR + 90bps.
Sincerely,
Patricia Pérez Pallacán
CFO
C.c:
- Stock Exchange
- Chilean Electronic Exchange