Julius Baer Completes CHF 460 Million Bond Placement

Julius Baer Group Ltd. has announced the successful issuance of CHF 460 million in senior unsecured bonds to Swiss investors, a strategic move executed by its fully-owned subsidiary, Bank Julius Baer & Co. Ltd. This significant financial maneuver took place on March 19, 2024, highlighting the firm's adept skills in navigating the investment landscape. The bonds, which will mature over a seven-year period, aim to bolster the company's financial health by providing funds for general corporate expenditures.

The issued bonds feature a fixed annual interest rate of 2.375% and are structured in standard Swiss increments of CHF 5,000 or its multiples. Julius Baer has taken steps to secure a provisional admission for these bonds to trade on the SIX Swiss Exchange. The inclusion of these bonds in the domestic segment of the Swiss Bond Index (SBI) is anticipated, marking an important milestone for the company and its investors.

This financial move underscores Julius Baer's continuous effort to strengthen its fiscal foundation while maintaining its commitment to offering cutting-edge financial solutions to its clients. The successful bond issue is not just a testament to the company's enduring legacy in the financial sector but also to its adaptability and forward-thinking approach in the ever-evolving financial market landscape.