Banco Santander Chile redeems $700M perpetual bonds

Proceeds from the Bank’s October 21, 2026 placement of new perpetual Additional Tier 1 bonds funded the redemption.

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Form Type

6-K

Rhea-AI Filing Summary

Banco Santander-Chile completed the full redemption of its perpetual bonds qualifying as Additional Tier 1 capital, with an aggregate principal amount of USD 700,000,000. The Bank said it funded the redemption with proceeds from its placement of new perpetual Additional Tier 1 bonds issued on October 21, 2026. The redeemed notes had been placed in international markets on October 26, 2021.

Key Figures

Redemption principal: USD 700,000,000 Original notes placement: October 26, 2021 New Additional Tier 1 bonds issued: October 21, 2026

3 metrics

Redemption principal USD 700,000,000 Aggregate principal amount of the redeemed 2021 AT1 Notes

Original notes placement October 26, 2021 The 2021 AT1 Notes were placed in international markets

New Additional Tier 1 bonds issued October 21, 2026 Date of the placement whose proceeds funded the redemption

Key Terms

Additional Tier 1 capital, perpetual bonds, aggregate principal amount

3 terms

Additional Tier 1 capital financial

"bonds qualifying as Additional Tier 1 capital"

perpetual bonds financial

"perpetual bonds qualifying as Additional Tier 1 capital"

aggregate principal amount financial

"in an aggregate principal amount of USD 700,000,000"

The aggregate principal amount is the total amount of money borrowed through a bond or loan that the borrower promises to repay. It’s like the original price tag on a loan or bond, showing how much money is involved in the deal. This number matters because it indicates the size of the debt and helps investors understand the scale of the borrowing.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How much did BSAC redeem in perpetual Additional Tier 1 bonds?

Banco Santander-Chile completed the full redemption of perpetual bonds qualifying as Additional Tier 1 capital with an aggregate principal amount of USD 700,000,000.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 10/27/2026 - 11:32 AM EDT Accepted by SEC EDGAR 10/27/2026 - 11:32 AM EDT

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 October, 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: October 27, 2026

Santiago, October 26, 2026

Mrs.

Catherine Tornel León

President

Financial Markets Commission

Present


Ref.			Communication of Material Fact.

Mrs President,

Pursuant to the provisions of Article 9 and the second paragraph of Article 10 of Law No. 18,045, and Chapter 18-10 of the Updated Compilation of Regulations (“RAN”) issued by the Financial Market Commission (“CMF”), and being duly authorized, I hereby inform you of the following material event concerning Banco Santander-Chile (the “Bank”):

As of this date, the Bank has completed the full redemption of the perpetual bonds qualifying as Additional Tier 1 capital, in an aggregate principal amount of USD 700,000,000 (seven hundred million United States dollars), which were placed in the international markets on October 26, 2021 (the “2021 AT1 Notes”).

The redemption of the 2021 AT1 Notes was funded with the proceeds from the placement of perpetual bonds qualifying as Additional Tier 1 capital, issued by the Bank on October 21, 2026, as disclosed in a material event notice filed on the same date.

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 4.9 KB