General Announcement::Julius Baer Group Ltd. to redeem Perpetual Tier 1 Subordinated bonds issued 20 October 2016

Issuer & Securities

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

Announcement Details

Announcement Title
General Announcement
Date &Time of Broadcast
17-Mar-2022 14:01:53
Status
New
Announcement Sub Title
Julius Baer Group Ltd. to redeem Perpetual Tier 1 Subordinated bonds issued 20 October 2016
Announcement Reference
SG220317OTHRA9FA
Submitted By (Co./ Ind. Name)
Olivier Staehli
Designation
Corporate Communications
Description (Please provide a detailed description of the event in the box below)
Julius Baer Group Ltd. to redeem Perpetual Tier 1 Subordinated bonds issued 20 October 2016 at first call date

Zurich, 17 March 2022 : Julius Baer announces it will exercise its option to redeem all of the outstanding perpetual Tier 1 bonds issued on 20 October 2016 at par value plus accrued interest on the first call date of 20 April 2022, in accordance with section 3 (c) of the terms of the bonds. The bonds (ISIN: XS1502435727), with a coupon of 5.75% per annum, were issued by Julius Baer Group Ltd. in the aggregate nominal amount of SGD 325 million.

Attachments

2022-03-17_JuliusBaer_SGD_Tier-1-Bonds_MediaRelease_EN.pdf
Total size =44K