Julius Baer returns to AT1 with new bookrunner

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By Tyler Davies
29 Sep 2020

Julius Baer returned to the dollar additional tier one (AT1) market on Tuesday, having pulled a transaction last week. It changed bookrunners, shortened its call period and offered a higher coupon to get its deal away this time.

Julius Baer attempted the sale of a perpetual non-call seven year AT1 last Monday. 

But the Swiss private bank ended up pulling its deal from the market, with issuance conditions having deteriorated amid a series of gloomy headlines.  

The issuer had a second go at ...

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