Banco de Chile, Transbank line up bond sales

Banco de Chile, Transbank line up bond sales

Bonds Debt Fixed Income Chile Capital Markets

Banco de Chile, a state-owned bank in Chile, plans to tap the local market with 41 series of bonds out of a new bond program, while local credit card issuer Transbank is also targeting the domestic market for financing. Banco de Chile said it plans to issue 41 series of inflation-linked notes paying between 2% and 2.7% interest, according to a document filed with CMF, the local securities commission. The total amount that the bank will seek is UF160 million ($5.7 billion), and the proceeds will

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