Banco Pine Sa (PINE4.SA)

TEXT-Fitch rates Banco Pine's Huaso Bonds issuance 'A-(cl)'

Dec 13 - Fitch Ratings assigns an 'A-(cl)' National Long-Term rating to Banco Pine S.A.'s (Pine) first tranche of notes issued under its Huaso Bonds Program. The Rating Outlook is Stable. The notes were issued through Banco Pine S.A.; the amount of the notes is approximately UF1.5 million (roughly USD71 million) and interest payments are to be made on a semiannual basis. The bonds will be issued through Banco Pine S.A.. The net proceeds will be used by Pine for general corporate purposes. This