Report of Foreign Issuer (6-k)
March 27 2019 - 9:18AM
Edgar (US Regulatory)
Santiago,
March 27, 2019.
Mr.
Mario
Farren Risopatrón
Superintendent
of Banks
and
Financial Institutions
Present
Ref:
Material Fact
.
Mr.
Superintendent:
In
accordance with the provisions of Articles 9 and 10 of Law 18,045 and the Norms from the Superintendence of Banks and Financial
Institutions, Banco Santander-Chile informs that in an ordinary session of the Board of Directors on March 26 of this year, we
came to an agreement with SKBergé S.A. in which Banco Santander-Chile will acquire from SKBergé Financiamiento S.A.
their shares of Santander Consumer Chile S.A. for Ch$59,063,470,000, equivalent to 49% of the company.
The final definitive details of the operation will depend on the contractual arrangements and the time it takes to receive the
necessary regulatory authorizations. The agreements will also be subject to the approval of the pertinent regulatory
authorities.
Notwithstanding
the above, the parts have agreed to continue their commercial relationship in the long- term, in the same business areas, through
various legal vehicles.
Sincerely
,
Miguel
Mata H.
Chief
Executive Officer
C.c.:
Comisión para el Mercado Financiero.
Bolsas
de Valores
President
of the Board of Directors Santander Consumer Chile S.A.
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