Julius Baer Gruppe makes 300 mln Sfr bond placement

Julius Baer has successfully placed perpetual non-cumulative low-trigger Additional Tier 1 (AT1) securities in a CHF 300 million transaction mostly with private banks and institutional investors in Switzerland. The transaction helps to optimise Julius Baer Group’s capital structure and flexibility. The new securities have been assigned a Moody’s Baa2 instrument…