Zurich, 24 March 2026 – Julius Baer announced today it will exercise its option to redeem all of the outstanding Perpetual Tier 1 Subordinated Bonds (ISIN: XS2238020445) at par value plus accrued interest on the first call date on 8 April 2026, in accordance with condition 3 (c) of the terms of the bonds. The bonds, with a coupon of 4.875% per annum, were issued by Julius Baer Group Ltd. on 8 October 2020 in the aggregate nominal amount of USD 350 million.
Julius Baer assesses redemption and refinancing decisions on an individual basis, weighing economic considerations such as prevailing market conditions, regulatory capital requirements, and its own capital planning.