Banco de Crédito y Inversiones $500 million 3.5% notes issue

12/10/2017

Investment grade bond/note issue

Value:

$ 500 million

Status:

Announced

Date:

12/10/2017

Overview:

Banco de Crédito y Inversiones has issued $500 million in senior notes.
The 3.5% notes are due 2027.
In terms of total assets and deposits, BCI is the fourth-largest bank in Chile and in terms of net loans - third.
The bank has operations in commercial banking targeting small- to medium-sized companies and in retail banking.

Katrin Kostadinova - Data analyst

Jurisdiction:

Chile

Deal type:

Investment grade bond/note issue

Practice area:

Capital markets : Debt

Governing law:

Chile

Industry sector:

Banking

Firms:

Carey

Party: Bank of America Merrill Lynch (Dealer)

Party: Standard Chartered Bank (Dealer)

Lawyer: Diego Peralta

Davis Polk & Wardwell

Party: Dealers (Dealer)

Lawyers: Maurice Blanco, Maurice Blanco

Dentons Larraín Rencoret

Party: Banco de Crédito y Inversiones (Issuer)

Lawyer: Felipe Rencoret

Simpson Thacher & Bartlett

Party: Banco de Crédito y Inversiones (Issuer)

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