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Julius Baer sells second Singdollar perpetual bond

Saturday, October 15, 2016 - 05:50
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Julius Baer Group on Thursday sold S$325 million 5.75 per cent perpetual Additional Tier 1 (AT1) bonds to cash-rich investors looking to redeploy their funds.

Singapore

JULIUS Baer Group on Thursday sold S$325 million 5.75 per cent perpetual Additional Tier 1 (AT1) bonds to cash-rich investors looking to redeploy their funds.

These were the second Singdollar AT1 perpetuals sold by the Swiss private bank which calls Asia its second home