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CREDIT SUPPLY: Elm for BAERVX: Books Above EUR650m (For EUR500m).

CREDIT SUPPLY

ELM BV for Julius Baer (BAERVX: Baa1) books above EUR650m (for EUR500m). We see fair value around MS+115-120bp.

  • “IPT: ELM BV (Julius Baer Group) €500m WNG 5Y MS+150 Area (1)” - BBG
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ELM BV for Julius Baer (BAERVX: Baa1) books above EUR650m (for EUR500m). We see fair value around MS+115-120bp.

  • “IPT: ELM BV (Julius Baer Group) €500m WNG 5Y MS+150 Area (1)” - BBG