Banque Cantonale de Genève successfully completed the placement of CHF 90 million perpetual additional tier 1 subordinated bonds and CHF 110 million tier 2 subordinated bonds due 2027. The additional tier 1 subordinated bonds were issued at 100% of their nominal amount with an interest of 2.00%. 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 at their nominal amount. Both bonds have been provisionally admitted to trading at the SIX Swiss Exchange and are expected to be listed there as well. UBS AG, Zürcher

Kantonalbank and Banque Cantonale de Genève acted as Joint Lead Managers.

Bär & Karrer acted as transaction counsel to Banque Cantonale de Genève and the Joint Lead Managers on this transaction. The team included Rashid Bahar, Martin Peyer, Annette Weber, Nina Sauerwein and Ria Gurtner (all Capital Markets) as well as Daniel Lehmann and Laurent Riedweg (both Tax).