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Published on 6/13/2023 in the Prospect News Emerging Markets Daily.

New Issue: Scotiabank Chile locally places series BQ, BW and BZ bonds

Chicago, June 13 – Scotiabank Chile announced sales of bonds over three series.

The bank placed UF 200,000 of series BQ bonds due Aug. 1, 2027 for an average placement rate of 3.88%.

Additionally, UF 3 million of series BW bonds were recently sold, with an April 1, 2035 maturity date. The average placement rate was 2.78%.

And, then the bank sold CLP 3 billion of series BZ bonds due April 1, 2029, for an average placement rate of 6.3%.

The issuer is based in Santiago, Chile.

Issuer:Scotiabank Chile
Issue:Bonds
Trade date:June 9
Distribution:Local
Series BQ
Amount:UF 200,000
Maturity:Aug. 1, 2027
Coupon:3.88%
Series BW
Amount:UF 3 million
Maturity:April 1, 2035
Coupon:2.78%
Series BZ
Amount:CLP 3 billion
Maturity:April 1, 2029
Coupon:6.3%

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