On October 21, 2026, Banco Santander-Chile issued a perpetual Additional Tier 1 (AT1) capital bond for USD 700 million with an annual interest rate of 8.0%. The proceeds were used to redeem the AT1 bond originally issued in October 2021 on the same date. Interest on the new issuance will be paid semi-annually in April and October. This refinancing supports the bank's capital adequacy, which stood at a CET1 ratio of 10.9% as of September 30, 2026. The bank operates as a leading financial services provider in Chile.
