General Announcement::Julius Baer Group Ltd. places USD Perpetual Tier 1 Subordinated bonds

Issuer & Securities

Issuer/ Manager
JULIUS BAER GROUP LTD.
Securities
JULIUS BAER S$450M5.9%PERPBOND - XS1322369338 - 37KB
JULIUS BAERS$325M5.75%PERPBOND - XS1502435727 - 60KB
Stapled Security
No

Announcement Details

Announcement Title
General Announcement
Date &Time of Broadcast
30-Sep-2020 00:00:37
Status
New
Announcement Sub Title
Julius Baer Group Ltd. places USD Perpetual Tier 1 Subordinated bonds
Announcement Reference
SG200929OTHRPKO4
Submitted By (Co./ Ind. Name)
Olivier Staehli
Designation
Corporate Communications
Description (Please provide a detailed description of the event in the box below)
Today, Julius Baer Group Ltd. has successfully placed perpetual non-cumulative Additional Tier 1 (AT1) securities in a USD 350 million transaction with private banks and institutional investors in Asia and Europe. The transaction will help to optimise Julius Baer Group s capital structure and flexibility.

Attachments

2020-09-29_JuliusBaer_USD-Tier-1-Bonds_MediaRelease_EN.pdf
Total size =44K