BSAC - Santander Chile is back in Swiss market with CHF150M senior notes

Santander Chile ([[BSAC]] +1.7%) ([[SAN]] +2.0%) moves to international markets and successfully issues CHF150M senior notes due in 2027, with a spread of 62 basis points above the mid-swap, which is equivalent to a coupon of 0.33%. This issue signifies a return of the Bank to the international public debt market since January 2020 and is the first operation of Santander Chile in Switzerland since August 2019. For Emiliano Muratore, CFO, “this new issuance reflects the good position in the international scenario. Despite the current uncertainty the markets face, we were able to issue a relevant amount in a competitive market, allowing us to continue to diversify our investor base and funding sources.”

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Santander Chile is back in Swiss market with CHF150M senior notes