CB Auctions Banco de Chile Options

CB Auctions Banco de Chile Options

Bonds Corporate & Sovereign Strategy Chile Equity

Chile's central bank has priced a CLP24.35bn ($51.5m) notional-value sale of share options in Banco de Chile, according to the Santiago Bolsa. The 392.8m options to buy shares at CLP62 through July 4 represent the central bank's preferential rights from Banco de Chile's $180m equity follow-on in March. The options priced at CLP3.10 each. The central bank is a minority shareholder in Banco de Chile going back to a government intervention during a 1980s financial crisis, and had decided not to exe

Already have an account?

Free trial

Take a free two-week trial now for the latest news, data and market analysis.

Free Trial