Julius Baer pulls AT1 after closing in on new record

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Julius Baer pulls AT1 after closing in on new record

David Freitas
September 21, 2020 12:45 PM
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A logo sign outside of a Julius Baer Group bank branch in Munich, Germany on August 25, 2018. (Photo by Kristoffer Tripplaar/Sipa USA) | Kris Tripplaar/SIPA USA/PA Images

Julius Baer was forced to postpone a new transaction amid 'worsening market conditions' on Monday, after coming close to setting a new record for the lowest ever additional tier one (AT1) coupon in dollars from a European bank.

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