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Julius Baer issues second tranche of bonds in “second home”

“This second transaction emphasises the importance of, and our commitment to, Asia as Julius Baer’s second home market and further diversifies our AT1(Additional Tier 1) investor base,” said the Swiss pure play’s chief financial officer, Dieter Enkelmann following the second placement of bonds in Singapore. The bank announced the successful placement of S$325 million (US$234 million) worth of perpetual non-cumulative…

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