Banque Cantonale de Genève additional SFr90 million Tier 1 2% and SFr110 million Tier 2 1.125% bonds

Overview:

• Banque Cantonale de Genève has issued additional SFr90 million Tier 1 and additional SFr110 million Tier 2 bonds.
• The Tier 1 subordinated bonds were issued at 100% of their nominal amount with an interest of 2% and are due 2027.
• The Tier 2 subordinated bonds were issued at 100.024% of their nominal amount with an interest of 1.125% and will mature on 28 June 2027.
• The joint lead managers were UBS, Zürcher Kantonalbank and Banque Cantonale de Genève.

Katrin Kostadinova - Data analyst