Ratings and
instruments

On 18 January 2021, EFG International AG announced the successful placement of USD 400 million of subordinated Basel III compliant Additional Tier 1 notes.

The perpetual notes with a first call option in year 7, issued on 25 January 2021, bear annual interest of 5.50% for the first seven years and thereafter, the aggregate of the 5-yr USD CMT Rate plus 4.659% per annum with a reset every five years. They are subject, among other common features, a high CET 1 trigger leading to a partial or full permanent write-down. The notes are listed on SIX Swiss Exchange.

The proceeds of the issuance were used to fund the offer for the USD Tier 2 Notes and for general corporate purposes.

On 29 March 2017, EFG International (Guernsey) Limited announced the successful placement of USD 400 million of subordinated Basel III compliant Tier 2 notes, guaranteed by EFG International on subordinated basis.

The 10 year notes with a call option in year 5, issued on 5 April 2017, bear annual interest of 5.00% for the first five years and thereafter, the aggregate of the 5-yr USD Mid Market Swap Rate plus 2.978% per annum. The notes are listed on SIX Swiss Exchange.

The proceeds of the issuance were used for general corporate purposes.

20.01.2021 - Announcement Results Offer USD Tier 2

11.01.2021 - Announcement Offer USD Tier 2 Notes

400 millions € de certificats fiduciaires EFG

In November 2004 and January 2005, EFG Bank issued Tier I qualifying Bons de Participation in EFG Bank and Class B shares in EFG Finance (Guernsey) Limited for a total of €400 million.

The Bons de Participation and the Class B Shares entitle their holders to a preferential dividend of 6.50% for the first year and there after the lesser of (i) the aggregate of the 10-yr EUR Swap Rate plus 0.25% per annum and (ii) 8% per annum, each calculated for a semi-annual period.

The Bons de Participation and the Class B Shares are held on a fiduciary basis by a fiduciary which issued EFG Fiduciary Certificates to finance the purchase of both securities. The EFG Fiduciary Certificates (ISIN: XS0204324890) are listed on the Luxembourg Stock Exchange.

In accordance with the reorganisation of EFG Bank which was pre-cleared by the Swiss Federal Banking Commission on 27th June, 2005 and which was in turn approved on 29th June, 2005 by the board of directors of the Bank, the reorganisation became effective on the 8th September 2005. The Fiduciary has New Bons de Participation in EFG International, these new Bons de participation, issued by EFG International have identical terms to those originally issued by EFG Bank.

• Interim Management Report 2017
• Interim Management Report 2016
• Interim Management Report 2015
• Interim Management Report 2014
• Interim Management Report 2013
• Interim Management Report 2012
• Interim Management Report 2011
• Interim Management Report 2010

• 28.01.2013 - Offer and Proposal EFG Fiduciary Certificates
• 14.01.2013 - Modification Notice EFG Fiduciary Certificates
• 11.01.2013 - Announcement Meeting Results EFG Fiduciary Certificates
• 08.01.2013 - Announcement Results Offer EFG Fiduciary Certificates
• 20.12.2012 - Announcement Early Offer Results EFG Fiduciary Certificates
• 12.12.2012 - Announcement Offer EFG Fiduciary Certificates