Banco de Chile Aims for Peruvian Tap

Banco de Chile is preparing to issue approximately $100m in Peruvian sol-denominated bonds in a private RegS-only deal, say people familiar with the bank’s plans. The transaction is expected to have a maturity of 5-10 years and proceeds will be used for loan portfolio financing and general corporate needs, says S&P, which assigns an A+ rating. JPMorgan is heard to be managing.