Zurich, 24 March 2021 – Bank Julius Baer & Co. Ltd., a wholly owned subsidiary of Julius Baer Group Ltd., has successfully placed a 7 year CHF 260 million domestic senior unsecured bond with Swiss investors. The transaction has received strong demand and reflects Julius Baer’s high reputation among Swiss investors. The proceeds of the transaction will be used for general corporate purposes.
The securities carry a fixed-rate, annually payable coupon of 0.125% and have been issued in Swiss standard denominations of CHF 5,000 and multiples thereof. An application for provisional admission to trading on the SIX Swiss Exchange will be made. The bonds are expected to be included in the domestic segment of the Swiss Bond Index (SBI).