SANTIAGO, Chile, Jan. 29, 2014 /PRNewswire/ -- Banco de
Chile (NYSE: BCH) announced today
that the previously announced registered public secondary offering
of 6,700,000,000 shares of its common stock (the "Offering") priced
at a price to the public of Ch$67.00 per share, or US$74.23 per American Depositary Share ("ADS"),
and all of the 6,700,000,000 shares were sold. Each ADS
represents 600 shares. The Offering is expected to close on
January 31, 2014, subject to
customary closing conditions. The shares were sold by LQ
Inversiones Financieras S.A. ("LQIF") in the United States and elsewhere outside of
Chile in the form of American
Depositary Shares (the "International Offering") and in
Chile in the form of shares (the
"Chilean Offering"). Citigroup Global Markets Inc. is acting as
sole global coordinator and joint bookrunner and Merrill Lynch,
Pierce, Fenner & Smith Incorporated, Deutsche Bank Securities
Inc. and Banco BTG Pactual S.A. – Cayman Branch are acting as joint
bookrunners in the International Offering, while Banchile
Corredores de Bolsa S.A. and Larrain Vial S.A. Corredora de Bolsa
are acting as placement agents in the Chilean Offering.
Banco de Chile will not receive
any of the proceeds from the Offering.
The Offering was conducted pursuant to an effective shelf
registration statement that was filed with the U.S. Securities and
Exchange Commission (the "SEC") on March 10,
2011. The final prospectus supplement related to the
Offering, when available, can be found on the SEC's website at
http://www.sec.gov. Alternatively, copies of the prospectus and
final prospectus supplement, when available, may be obtained by
contacting Citigroup, c/o Broadridge Financial Solutions, 1155 Long
Island Avenue, Edgewood, NY 11717
(Tel: 800-831-9146).
This press release shall not constitute an offer to sell or the
solicitation of an offer to buy, nor shall there be any sale of
these securities in any state or jurisdiction in which such offer,
solicitation or sale would be unlawful prior to registration or
qualification under the securities laws of any such state or
jurisdiction. Any offer, solicitation or sale will be made only by
means of the prospectus and prospectus supplement.
Contato: Pablo Mejia
Head of Investor Relations | Banco de Chile
Phone: 56+2+26533554
E-mail: pmejiar@bancochile.cl