Julius Baer Group Ltd. to Redeem Perpetual Tier 1 Subordinated Bonds on First Call Date

Zurich, 9 August 2024 – Julius Baer announced its decision to redeem all outstanding Perpetual Tier 1 Subordinated Bonds on 12 September 2024. The bonds, carrying a 4.750% annual coupon rate, will be redeemed at par value plus accrued interest.

The bonds, identified with ISIN XS1679216801, were initially issued on 12 September 2017, with an aggregate nominal amount of USD 300 million. The redemption will be in accordance with condition 3 (c) of the bond terms.

Julius Baer's decision to exercise this option reflects strategic financial management. Investors and media inquiries can be directed to the company’s Media Relations or Investor Relations at the provided contact numbers.