Bank Julius Baer & Co Ltd. successfully places a EUR 500m inaugural senior unsecured bond

Niederer Kraft Frey has advised Swiss global private banking group Julius Baer on the inaugural bond issuance by its wholly owned subsidiary and operating company, Bank Julius Baer & Co. Ltd. EUR 500 million of the debut senior unsecured bond with an interest rate of 0.000 percent and minimum denomination of EUR 100.000 have been successfully placed with Swiss investors by Bank Julius Baer & Co. Ltd, BNP Paribas and Deutsche Bank AG, London Branch. The transaction represents the first of such transaction for the Bank in the Euro market and received strong investor demand reflecting Julius Baer’s high reputation among international investors. The bonds are listed on SIX Swiss Exchange.

The NKF team was led by Capital Markets partner Daniel Bono, working with senior associate Giulia Ghezzi (Capital Markets) and partner Markus Kronauer (Tax).