Banco Santander-Chile (BSAC) sells Ch$10B Series AA-4 bonds at 5.93%
Filing Impact
Filing Sentiment
Form Type
6-K
Rhea-AI Filing Summary
Banco Santander-Chile reported that on April 13, 2026 it placed dematerialized bearer bonds in the local Chilean market under its line of credit registered with the CMF Securities Registry number 20220013.
The Series AA-4 bonds (ticker BSTDA40922) total Ch$10,000,000,000, mature on March 1, 2033, and had an average placement rate of 5.93%.
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Key Figures
Bond amount: Ch$10,000,000,000
Average placement rate: 5.93%
Bond maturity date: March 1, 2033
+2 more
5 metrics
Bond amount
Ch$10,000,000,000
Series AA-4 bonds placed in local market
Average placement rate
5.93%
Series AA-4 bond issue
Bond maturity date
March 1, 2033
Series AA-4 bonds
Securities Registry number
20220013
CMF Securities Registry for line of credit
Placement date
April 13, 2026
Date bonds were placed in local market
Key Terms
Material Fact, dematerialized bearer bonds, line of credit, Securities Registry, +1 more
5 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"
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.
Securities Registry regulatory
"registered with the CMF Securities Registry under number 20220013"
Financial Markets Commission regulatory
"President Financial Markets Commission Present"
FAQ
What did Banco Santander-Chile (BSAC) announce in this 6-K filing?
Banco Santander-Chile announced the placement of Series AA-4 dematerialized bearer bonds in the local market for Ch$10,000,000,000, under its CMF-registered credit line, as a material fact to inform investors about new debt issuance terms.
What are the key terms of Banco Santander-Chile’s Series AA-4 bonds?
The Series AA-4 bonds, ticker BSTDA40922, have a total amount of Ch$10,000,000,000, an average placement rate of 5.93%, and mature on March 1, 2033. They were issued as dematerialized bearer bonds in the Chilean local market.
When did Banco Santander-Chile (BSAC) place the new bond issue?
Banco Santander-Chile placed the new Series AA-4 bond issue on April 13, 2026. The placement used the bank’s existing line of credit registered with the CMF Securities Registry under number 20220013, originally registered on November 15, 2022.
Under what regulatory framework were Banco Santander-Chile’s bonds issued?
The bonds were issued using a line of credit registered with the Chilean Financial Market Commission’s Securities Registry under number 20220013. The disclosure is made as a material fact under Chilean securities law and CMF General Rules, ensuring transparent information for investors.
What is the average placement rate on Banco Santander-Chile’s new bonds?
The average placement rate on Banco Santander-Chile’s Series AA-4 bonds is 5.93%. This rate reflects the cost of the bank’s Ch$10,000,000,000 local bond funding maturing March 1, 2033, as disclosed in the material fact communication to the financial regulator.
