Banco De Chile (BCH) has released an update.
Banco de Chile successfully issued a new series of bonds in the local market, marking a significant move in its financial strategy. The newly placed Series HP Bonds are set to mature on December 1, 2040, with an issuance amount of 5 million Chilean UF and an attractive average placement rate of 2.37%. This strategic placement is aimed at reinforcing the bank’s capital structure and expanding its financial horizons.
For further insights into BCH stock, check out TipRanks’ Stock Analysis page.