Banco Santander-Chile issues USD 20M SOFR bond

Q: What are the key terms of Banco Santander-Chile’s new USD bond?

The bank issued a USD 20,000,000 bond maturing on March 18, 2031. It settles on March 18, 2026 and is priced at a variable rate equal to SOFR + 87 basis points, linking interest payments to the secured overnight financing rate.

Q: Under which program did Banco Santander-Chile (BSAC) issue the new bond?

The bond was issued under Banco Santander-Chile’s EMTN program. EMTN, or Euro Medium Term Note, programs allow issuers to place multiple debt securities over time, using standardized documentation to access international capital markets efficiently when funding needs arise.

Q: What interest benchmark applies to Banco Santander-Chile’s March 2026 bond?

The bond’s issue price corresponds to SOFR + 87 basis points. SOFR, the secured overnight financing rate, is a U.S. dollar interest rate benchmark, and the 87-basis-point spread represents the additional yield investors receive above that reference rate.

Q: Who authorized and signed the material fact for Banco Santander-Chile?

The material fact was reported by Patricia Pérez Pallacán, the bank’s CFO, and the Form 6-K was signed on behalf of Banco Santander-Chile by Cristian Florence, who holds the position of General Counsel of the bank.

Banco Santander-Chile reported a new funding transaction, issuing a USD-denominated bond under its EMTN program.

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Form Type

6-K

Rhea-AI Filing Summary

Banco Santander-Chile reported a new funding transaction, issuing a USD-denominated bond under its EMTN program. The bond totals USD 20,000,000, was issued as of March 11 with settlement on March 18, 2026, and matures on March 18, 2031. The issue price corresponds to SOFR + 87 basis points, indicating the interest rate will reset based on the secured overnight financing rate plus this spread.

FAQ

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What did Banco Santander-Chile (BSAC) disclose in its March 2026 Form 6-K?

Banco Santander-Chile disclosed the issuance of a USD-denominated bond for USD 20,000,000 under its EMTN program. The bond was issued as of March 11 with settlement on March 18, 2026, and will mature on March 18, 2031.

What are the key terms of Banco Santander-Chile’s new USD bond?

The bank issued a USD 20,000,000 bond maturing on March 18, 2031. It settles on March 18, 2026 and is priced at a variable rate equal to SOFR + 87 basis points, linking interest payments to the secured overnight financing rate.

Under which program did Banco Santander-Chile (BSAC) issue the new bond?

The bond was issued under Banco Santander-Chile’s EMTN program. EMTN, or Euro Medium Term Note, programs allow issuers to place multiple debt securities over time, using standardized documentation to access international capital markets efficiently when funding needs arise.

What interest benchmark applies to Banco Santander-Chile’s March 2026 bond?

The bond’s issue price corresponds to SOFR + 87 basis points. SOFR, the secured overnight financing rate, is a U.S. dollar interest rate benchmark, and the 87-basis-point spread represents the additional yield investors receive above that reference rate.

Who authorized and signed the material fact for Banco Santander-Chile?

The material fact was reported by Patricia Pérez Pallacán, the bank’s CFO, and the Form 6-K was signed on behalf of Banco Santander-Chile by Cristian Florence, who holds the position of General Counsel of the bank.

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Accepted by SEC EDGAR 03/11/2026 - 06:57 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 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 11, 2026

Santiago, March 11, 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 11, with a settlement date of March 18, 2026, a USD-denominated bond was issued under our EMTN program in the amount of USD 20,000,000, maturing on March 18, 2031, at an issue price corresponding to SOFR + 87 basis points.

Sincerely,

Patricia Pérez Pallacán

CFO

C.c:

- Stock Exchange

- Chilean Electronic Exchange

Source: View Original Filing on SEC EDGAR

Filing Exhibits & Attachments

1 document

Press Releases

EX-99.1 EX-99.1 5.0 KB