Banco de Chile Issues in Peru

Banco de Chile has sold PES75m ($29m) in bonds in Peru, the bank says, in a private RegS-only transaction. The 2017 issuance is part of the bank’s diversification strategy and comes under a $100m-equivalent authorization. The interest rate was not disclosed, and officials at the bank didn’t return requests for comment. JPMorgan managed the transaction, rated A+.