Santander Chile returns to the Swiss market with the largest placement by a Chilean issuer since 2014
SANTIAGO, Chile, Jan. 11, 2024 (GLOBE NEWSWIRE) -- Banco Santander Chile's (NYSE: BSAC) announced its return to the Swiss market with the largest placement by a Chilean issuer since 2014.
Santander Chile returns to the international market with the successful issuance of a bond in Swiss francs for CHF 225 million (equivalent to US
This new operation consolidates the excellent reception of Santander-Chile in international markets, considering that the entity had not issued new bonds in this market since 2021. Thanks to this recent instrument, the Bank's position in the Swiss Franc market is around CHF 900 million (close to US
For Emiliano Muratore, Chief Financial Officer of Santander, “this issue is part of our objective of maintaining the diversification of our funding sources. Having the trust of foreign investors is absolutely key for us to achieve our goals and, thereby, advance in the Bank's strategic plan.”
About Banco Santander
Banco Santander Chile is the largest bank in the Chilean market. As of September 30, 2023, it has total assets of
CONTACT INFORMATION
Cristian Vicuña
Chief Strategy Officer and Head of Investor Relations
Banco Santander Chile
Bandera 140, Floor 20
Santiago, Chile
Email: irelations@santander.cl
Website: www.santander.cl
