BCI Issues 12th Securitization

BCI Securitizadora, a unit of Chile’s fourth-largest bank, placed $25 million worth of financial securitization Thursday. The notes, rated AA by ratings agency Feller, have a maturity of 5.25 years and will yield 6.5% annually. At the start of October, the company placed $35.3 million-worth of securitized notes in the local market at a nominal annual rate of 6.36%.