Julius Baer S$325m AT1 shrugs off downgrade concerns
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Julius Baer S$325m AT1 shrugs off downgrade concerns

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Swiss private bank Julius Baer returned to the Singapore dollar market for an additional tier one, clinching a S$325m ($235m) deal at a lower coupon than its debut one year ago. The positive outcome came despite the noise around European banks and concerns over Moody’s downgrade of the issuer’s existing subordinated notes.

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