Scotia Plans Chilean Bond

Scotia Chile has registered to sell up to UF5m ($233m) in domestic bonds, according to regulatory filings. The 5-year notes would have a 3.5% coupon. The bank does not indicate the timing of the transaction. Scotia is rated AAA on a national scale. In July, Scotia Chile placed a UF2.7m 3.75% 2022 bond at a 3.75% yield, or 120bp over the government benchmark.