Davis Polk advised Banco Santander Chile in connection with its Regulation S offering in Switzerland of CHF115 million aggregate principal amount of 0.441% fixed-rate notes due 2023.

Banco Santander Chile is the largest bank in Chile in terms of total assets and equity, with operations in commercial banking, retail banking, asset management and insurance. Banco Santander Chile is a member of the Santander Group, the principal financial group in Spain and one of the largest financial groups in the world in terms of market capitalization.

The Davis Polk capital markets team included partner Nicholas A. Kronfeld and associates Pedro J. Bermeo, Hillary A. Coleman and Young-Min Cho. Partner Gregory S. Rowland, counsel Sarah E. Kim and associate Matthew R. Silver provided 1940 Act advice. All members of the Davis Polk team are based in the New York office.

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