Banco Santander-Chile placed bonds in the local market, issuing Series AA-5 and BG bonds with total amounts of 1,500,000 UF and 57,000,000,000 pesos, respectively.
Key takeaways
Placed Series AA-5 bonds for 1,500,000 UF at 2.56% rate, maturing 2032.
Issued BG Series bonds for 57 billion pesos at 6.02%, maturing 2032.
Both issuances used existing credit lines registered with CMF.
The bond placements provide long-term funding for the bank.