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BTG Pactual Chile plans issuance of new common shares for capital increase

Banco BTG Pactual Chile SA's shareholders agreed to increase the bank's share capital, according to a regulatory filing March 27.

The bank will issue 95,481 new common shares for the value of 70 billion Chilean pesos.

The issuance, which will be implemented before Sept. 24, will bring the number of common shares to 195,481, and the share capital to 142.58 billion Chilean pesos.

As of March 24, US$1 was equivalent to 660.22 Chilean pesos.