Julius Baer Group Ltd. places USD Perpetual Tier 1 Subordinated bonds

Zurich, 29 September 2020 - Today, Julius Baer Group Ltd. has successfully placed perpetual non-cumulative Additional Tier 1 (AT1) securities in a USD 350 million transaction with private banks and institutional investors in Asia and Europe. The transaction will help to optimise Julius Baer Group's capital structure and flexibility.

The securities carry a coupon of 4.875%, payable semi-annually, and have a First Reset Date on 8 October 2026 or on each coupon date thereafter. They are also callable any time in the six-month period prior to the First Reset Date. They will be issued in denominations of USD 200,000 and multiples of USD 1,000 thereof.

The instrument has been assigned a Moody's Baa3 instrument rating. An application has been made for provisional admission to trading on the SIX Swiss Exchange.

The securities are fully compliant with Basel III and qualify as AT1 capital, thus further strengthening the Group's solid capital levels.

Contacts

Media Relations, tel. +41 (0) 58 888 8888

Investor Relations, tel. +41 (0) 58 888 5256

About Julius Baer

Julius Baer is the leading Swiss wealth management group and a premium brand in this global sector, with a focus on servicing and advising sophisticated private clients. At the end of June 2020, assets under management amounted to CHF 402 billion. Bank Julius Baer & Co. Ltd., the renowned Swiss private bank with origins dating back to 1890, is the principal operating company of Julius Baer Group Ltd., whose shares are listed on the SIX Swiss Exchange (ticker symbol: BAER) and are included in the Swiss Leader Index (SLI), comprising the 30 largest and most liquid Swiss stocks.

Julius Baer is present in over 20 countries and more than 50 locations. Headquartered in Zurich, we have offices in key locations including Dubai, Frankfurt, Geneva, Hong Kong, London, Luxembourg, Mexico City, Milan, Monaco, Montevideo, Moscow, Mumbai, São Paulo, Singapore and Tokyo. Our client-centric approach, our objective advice based on the Julius Baer open product platform, our solid financial base and our entrepreneurial management culture make us the international reference in wealth management.

For more information, visit our website at www.juliusbaer.com




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