Julius Baer Successfully Places EUR 500 Million Senior Unsecured Notes

Zurich, 5 September 2024 – Julius Baer Group Ltd. has successfully placed EUR 500 million of 5-year senior unsecured notes through ELM B.V., a Netherlands-based repackaging issuance entity. This EUR senior unsecured issuance enhances Julius Baer's funding strategy in international debt markets. The transaction attracted European institutional investors, with proceeds intended for general corporate purposes.

Julius Baer Group Ltd. will issue loan notes to ELM B.V., which will subsequently issue its own notes to investors, secured by the Julius Baer notes. The securities offer a fixed-rate coupon of 3.875% per annum, payable annually, and will be issued in denominations of EUR 100,000. An application for the notes’ trading on Euronext Dublin will be submitted.