Banco de Chile Issues Series GG Bonds

Banco De Chile (BCH) has released an update.

Banco de Chile successfully issued Series GG bonds in the local market, totaling 240,000 Chilean UF with a maturity date of May 1, 2035, and achieving an average placement rate of 3.53%. The operation, reported to the Chilean Financial Market Commission and local stock exchanges as Material Information, underscores the bank’s active role in the financial market. This strategic move may impact Banco de Chile’s financial positioning and investor relations.

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