on Julius Baer Group Ltd. (isin : CH0102484968)
Julius Baer to Redeem Subordinated Bonds on First Call Date
On 10 June 2025, Julius Baer Group Ltd. announced its decision to redeem all outstanding Perpetual Tier 1 Subordinated Bonds. These bonds, identified by ISIN CH0481013784, were initially issued on 25 June 2019, carrying a 2.375% annual coupon and totaling CHF 350 million. The redemption will occur at par value plus accrued interest on 25 June 2025, as per bond terms.
The redemption has been prefinanced by issuing USD 400 million in Perpetual Tier 1 Subordinated Bonds on 19 February 2025. The decision aligns with the firm's strategy, assessing economic factors, market conditions, and regulatory capital requirements individually.
This move emphasizes Julius Baer’s adaptive capital management approach in response to financial and regulatory dynamics.
R. E.
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