This page is not available in your selected language. Your language preference will not be changed but the contents of this page will be shown in English.
Zurich, 12 October 2020 – Julius Baer announces it will exercise its option to redeem all of the outstanding perpetual Tier 1 bonds issued on 18 November 2015 at par value plus accrued interest on the first call date of 18 November 2020, in accordance with section 3 (c) of the terms of the bonds. The bonds (ISIN: XS1322369338), with a coupon of 5.9% per annum, were issued by Julius Baer Group Ltd. in the aggregate nominal amount of SGD 450 million. The redemption of the high-trigger Additional Tier 1 bonds was funded by the issue of USD 350 million of high-trigger Additional Tier 1 bonds on 29 September 2020 with a coupon of 4.875%.