General Announcement::Scotiabank Chile - Bond placement in the international market

Issuer & Securities

Issuer/ Manager
SCOTIABANK CHILE
Securities
SCOTIABANK USD125M2.16%N261110 - XS2401677948 - FZVB
SCOTIABANK AUD30M2.75%N261216 - XS2423023204 - PNWB
SCOTIABANK USD10MF290904 - XS2895053184 - 51GB
Stapled Security
No

Announcement Details

Announcement Title
General Announcement
Date &Time of Broadcast
27-Nov-2024 22:18:49
Status
New
Announcement Sub Title
Scotiabank Chile - Bond placement in the international market
Announcement Reference
SG241127OTHRZ4XF
Submitted By (Co./ Ind. Name)
Miguel Royo
Designation
Director Structural Funding & Investor Relations
Effective Date and Time of the event
27/11/2024 17:00:00
Description (Please provide a detailed description of the event in the box below)
In compliance with the provisions of Articles 9 and 10 of Law 18,045 on the Securities Market, and in accordance with General Rule No. 30, both of the Commission for the Financial Market (hereinafter, the CMF ), I hereby report as a Material Fact the following: On November 26, 2024, Scotiabank Chile has privately issued bonds with no fixed maturity in the international market, (the AT1 Bonds ). The AT1 Bonds were purchased by an entity of The Bank of Nova Scotia, controller of Scotiabank Chile.
The amount of the issuance is USD 700,000,000 (seven hundred million United States dollars), the interest rate is 6.94% per annum, with a spread of 275 basis points over the 5-year U.S. Treasury Department rate. Interest is payable semiannually on December 4 and June 4 of each year, beginning on June 4, 2025.
The AT1 Bonds are governed by article 55 bis of the General Banking Law and Chapter 21-2 of the Recopilaci n Actualizada de Normas , from the CMF, and are issued under Scotiabank Chile's Medium Term Notes Program ( MTN ) dated March 27, 2024, subject to Regulation S of the Securities and Exchange Commission under the Securities Act of 1933 of the United States of America.
Finally, I am writing this letter in my capacity as representative before this Commission, as agreed at the Board of Directors' Meeting No. 2375, held on September 23, 2014.
Rafael Bilbao
General Counsel Scotiabank Chile
(Free translation of Spanish Communication)

Attachments

Communication of Material Fact_bond placement.pdf
Total size =129K