Deal Information
|
Old Bonds corresponding to Cash Tender Offers |
ISIN |
Local Code (nemotécnico) |
Coupon (%) |
Maturity |
|
BTP-2021 (2) |
CL0002329671 |
BTP0450221 |
4.50 |
02/28/2021 |
|
BTP-2021 (3) |
CL0002269331 |
BTP0450321 |
4.50 |
03/01/2021 |
|
BTU-2021 |
CL0002189208 |
BTU0150321 |
1.50 |
03/01/2021 |
|
Old Bonds corresponding to Exchange Offers |
ISIN |
Local Code (nemotécnico) |
Coupon (%) |
Maturity |
|
BTP-2021 (2) |
CL0002329671 |
BTP0450221 |
4.50 |
02/28/2021 |
|
BTP-2021 (3) |
CL0002269331 |
BTP0450321 |
4.50 |
03/01/2021 |
|
BTU-2021 |
CL0002189208 |
BTU0150321 |
1.50 |
03/01/2021 |
|
New Bonds corresponding to Exchange Offers |
ISIN |
Local Code (nemotécnico) |
Coupon (%) |
Maturity |
|
BTP-2025 |
CL0002599166 |
BTP0250325 |
2.50 |
03/01/2025 |
|
BTU-2025 |
CL0002599174 |
BTU0000325 |
0.00 |
01/03/2025 |
Table 1: Old Bonds for Cash Tender Offers
|
Old Bonds corresponding to Cash Tender Offers (ISIN) |
Maximum Amount Accepted (Notional; Million of CL$ or Thousand of UF, as applicable) |
Cash Tender YTM |
Equivalent Dirty Price |
Cash Tender Proration Ratio |
Purchase Price per Multiple |
|
CL0002329671 |
60,000 |
-0.02 |
102.260774696 |
100% |
5,113,038.734800000 |
|
CL0002269331 |
140,000 |
-0.02 |
102.259611711 |
100% |
5,112,980.55500000 |
|
CL0002189208 |
6,800 |
-2.64 |
101.637431375* |
100% |
508.187156875 |
*This price is expressed in inflation-linked unit (UF). The final amount in pesos will be calculated with the UF of the settlement day (02/11/2020). (UF=$28,849.76)
Timing:
-Announcement of invitation to accept cash tender orders ("Cash Tender Orders"): October 22, 2020 5:00 PM Chile time (4:00 PM EST / 10:00 PM CET)
-Cash Tender Orders will be accepted from October 27, 2020 5:00 PM Chile time (4:00 PM EST / 9:00 PM CET). (after the publication of the Peso-denominated purchase price, expressed as a Yield to Maturity)
-The Period to receive Cash Tender Orders will finalize on October 29, 2020 at 9:00 AM Chile time (8:00 AM EST / 1:00 PM CET) ("Cash Tender Offer Expiration")
-The Cash Tender Proration Ratio will be published on October 29, 2020 at 10:00 AM Chile time (9:00 AM EST / 2:00 PM CET), or as soon as practicable thereafter.
-Settlement Date: November 2, 2020.
Table 2: Old Bonds for Exchange Offer
|
Old Bonds corresponding to Exchange Offers (ISIN) |
New Bonds corresponding to Exchange Offers (ISIN) |
Maximum Amount Accepted (Notional of Old Bonds) |
Exchange Offer YTM |
Equiv. Exchange Offer Dirty Price |
New Bonds YTM |
Equiv. New Bonds Dirty Price |
Exchange Offer Proration Ratio |
Exchange Ratio per Multiple |
|
CL0002329671 |
CL0002599166 |
No limit |
-0.02 |
102.260774696 |
1.25 |
105.694853186 |
100% |
4,837,548 |
|
CL0002269331 |
CL0002599166 |
No limit |
-0.02 |
102.259611711 |
1.25 |
105.694853186 |
100% |
4,837,492 |
|
CL0002189208 |
CL0002599174 |
No limit |
-2.64 |
101.637431375* |
-1.03 |
104.580000000 |
100% |
485.931494430* |
*This price is expressed in inflation-linked unit (UF). The final amount in pesos will be calculated with the UF of the settlement day (02/11/2020). (UF=$28,849.76)
Timing:
-Announcement of invitation to accept exchange orders ("Exchange Orders"): October 22, 2020 5:00 PM Chile time (4:00 PM EST / 10:00 PM CET)
-Exchange Orders will be accepted from October 29, 2020 11:30 AM Chile time (10:30 AM EST / 3:30 PM CET). (after the publication of the Peso-denominated purchase price, expressed as a Yield to Maturity)
-The Period to receive Exchange Orders will finalize on October 30, 2020 at 9:00 AM Chile time (8:00 AM EST / 1:00 PM CET) ("Exchange Offer Expiration")
-Exchange Offer Proration Ratio will be 100% (no limit of amounts to be accepted).
-Settlement Date: November 2, 2020.
Dólar Observado (exchange rate to calculate cash payment and Fractional Differences in the Exchange Offer): $775.56
Investors should be aware that Euroclear will establish their own earlier deadline for participation in the Cash Tender Offers and Exchange Offers.
Investors via Euroclear can contact the Coordination Agent if they have any question: Morrow Sodali Ltd.
Email: chile@investor.morrowsodali.com
|
London |
Stamford |
|
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470 West Ave., Suite 3000 Stamford, CT 06902 United States of America |
Ministry of Finance 
