June 5, 2019 / 3:40 PM / 3 months ago

BRIEF-Julius Baer Gruppe makes 300 mln Sfr bond placement

June 5 (Reuters) - Julius Baer Gruppe AG say:

* SUCCESSFULLY PLACED ADDITIONAL TIER 1 BOND IN A 300 MILLION SFR TRANSACTION, MOSTLY WITH PRIVATE BANKS AND INSTITUTIONAL INVESTORS IN SWITZERLAND

* NEW SECURITIES CARRY A COUPON OF 2.375% PAYABLE ANNUALLY AND HAVE A FIRST RESET DATE ON 25 SEPTEMBER 2025 OR ON EACH COUPON DATE THEREAFTER Further company coverage: (Reporting by Brenna Hughes Neghaiwi)

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