UBS Group AG’s $3 Billion Fixed Rate/Fixed Rate Senior Notes Offering

Homburger advised UBS Group AG on the deal.

UBS Group AG successfully completed its issuance of USD 1.5 bn in aggregate principal amount of Fixed Rate/Fixed Rate Senior Notes due February 2033 and USD 1.5 bn in aggregate principal amount of Fixed Rate/Fixed Rate Senior Notes due February 2043 under its Senior Debt Programme.

The Notes are bail-inable (TLAC) bonds that are eligible to count towards UBS Group AG’s Swiss gone concern requirement.

The Notes are governed by Swiss law and have been provisionally admitted to trading, and application has been made for definitive admission to trading and listing of the Notes, on the SIX Swiss Exchange.

The Homburger team was led by partner Benedikt Maurenbrecher (Picture – Financial Market Regulation / Capital Markets) and included partner Stefan Kramer (Financial Market Regulation / Capital Markets), counsel Lee Saladino and associate Sofiya Shavlak (both Capital Markets), as well as partner Stefan Oesterhelt (Tax).

Involved fees earner: Stefan Kramer – Homburger; Benedikt Maurenbrecher – Homburger; Stefan Oesterhelt – Homburger; Lee Saladino – Homburger; Sofiya Shavlak – Homburger;

Law Firms: Homburger;

Clients: UBS;

Federica Tiefenthaler

Author: Federica Tiefenthaler