Julius Baer's U.S. Asset Management Business, Artio Global Investors
Inc., Commences Marketing of In
(Thomson Reuters ONE) - Corporate news announcement processed and transmitted by Hugin AS.The issuer is solely responsible for the content of this announcement. ------------------------------------------------------------------------------------ Zurich / New York - 9 September 2009 - Julius Baer Holding Ltd.announced today that its subsidiary Artio Global Investors Inc. (theCompany), the parent company of Artio Global Management LLC, haslaunched marketing of its initial public offering in the UnitedStates of 23,400,000 shares of its Class A common stock.The underwriters have the option to purchase from the Company up toan additional 3,510,000 shares of Class A common stock, on the sameterms and conditions, to cover over-allotments, if any. The proposedoffering is expected to price and be completed by 30 September, 2009.The Company intends to use the net proceeds from the offering torepurchase 21,000,000 shares of Class C common stock from Julius BaerHolding Ltd. - equivalent to 50% of Julius Baer Holding Ltd.'s totalstake - and 1,200,000 shares of Class A common stock from each ofRichard Pell and Rudolph-Riad Younes.The shares have been approved for listing on the New York StockExchange under the ticker symbol "ART" and will commence trading uponcompletion of marketing when the offering is priced.Goldman, Sachs & Co. is serving as sole global coordinator andbookrunner for the proposed offering, Merrill Lynch, Pierce, Fenner &Smith Incorporated is acting as co-lead manager and Deutsche BankSecurities Inc., UBS Securities LLC and Keefe, Bruyette & Woods, Inc.are acting as co-managers for the offering.A copy of the prospectus relating to these securities may beobtained, when available, from: Goldman, Sachs & Co., 85 BroadStreet, NY, NY 10004, telephone: 1-866-471-2526, fax: 212-902-9316 oremail: prospectus-ny(at)ny.email.gs.com.A registration statement relating to these securities has been filedwith the U.S. Securities and Exchange Commission but has not yetbecome effective. These securities may not be sold nor may offers tobuy be accepted prior to the time the registration statement becomeseffective. This release shall not constitute an offer to sell or thesolicitation of an offer to buy nor shall there be any sale of thesesecurities in any State in which such offer, solicitation or salewould be unlawful prior to registration or qualification under thesecurities laws of any such State.Artio Global Investors Inc. is an asset management company thatprovides investment management services to institutional clients and,through its mutual funds, to retail clients.Contacts:Media Relations:Julius Baer, Zurich, +41 58 888 8888Artio Global (Neil Shapiro, Intermarket), +1 212 754 5423Investor Relations:Julius Baer, Zurich, +41 58 888 5256Artio Global, Peter Sands, Head of IR, +1 212 297 3699 --- End of Message ---Julius Baer HoldingBahnhofstrasse 36, P.O. Box Zurich SwitzerlandISIN: CH0029758650; Index: SLCI, SMI, SMIEXP, SPI;Listed: Main Market in SIX Swiss Exchange;
Datum: 09.09.2009 - 07:00 Uhr
Sprache: Deutsch
News-ID 5606
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