Bank Sarasin plans to issue its first bond
Basel (ots)
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART, IN, INTO OR FROM THE UNITED STATES (OR TO U.S. PERSONS), THE EUROPEAN ECONOMIC AREA, CANADA, JAPAN OR AUSTRALIA OR ANY OTHER JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF SUCH JURISDICTION.
To diversify its financing strategy, Bank Sarasin & Co. Ltd intends to exploit the favourable market conditions at present and issue a bond on the Swiss capital market with a medium term to maturity. Bank Sarasin has appointed UBS lead manager.
Sarasin - Sustainable Swiss Private Banking since 1841 - www.sarasin.com
The Sarasin Group has its roots as a leading Swiss private bank. As an international financial service provider committed to sustainability, the Group is now represented in more than 20 locations in Europe, the Middle East, and Asia. By end of June 2010 it managed total client assets of CHF 96.2 billion and employed around 1,500 staff. Its majority shareholder is the AAA-rated Dutch Rabobank.
Bank Sarasin & Co. Ltd - Sustainable Swiss Private Banking since 1841 - www.sarasin.ch
Bank Sarasin is a leading Swiss private bank whose many years of banking experience has made it consciously opt for sustainability as a key component of its corporate philosophy. It provides a high level of service and expertise when acting as investment advisor and asset manager for private and institutional clients. Within Switzerland, Sarasin has offices in Basel (head office), Berne, Geneva, Lugano, and Zurich. Bank Sarasin & Co. Ltd is listed on the SIX Swiss Exchange.
Legal notice
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Contact:
Benedikt Gratzl
Head of Corporate Communications, Media Relations
Phone: +41/61/277'70'88
e-mail: benedikt.gratzl@sarasin.ch
Franziska Gumpfer-Keller
Deputy Head Corporate Communications, Media Relations
Phone: +41/44/213'97'35
e-mail: franziska.gumpfer@sarasin.ch