UBS Group Funding $4.3 billion bond issue

4/3/2016

Investment grade bond/note issue

Value:

$ 4.3 billion

Status:

Completed

Date:

4/3/2016

Overview:

UBS Group Funding has issued $4.35 billion of TLAC-compliant bonds on the Swiss Stock Exchange.
The issue consisted of $1.5 billion 2.95% senior notes due 2020, $2.5 billion 4.125% senior notes due 2025 and $300 million floating rate senior notes.
UBS Group guaranteed the notes.
UBS and UBS Securities acted as managers.

Rani Mehta - Journalist

Jurisdictions:

United States
Switzerland
United Kingdom
Channel Islands: Jersey

Deal type:

Investment grade bond/note issue

Practice area:

Capital markets : Debt

Industry sector:

Financial services

Firms:

Clifford Chance

Party: UBS (Manager)

Party: UBS Securities (Manager)

Lawyer: Simon Sinclair

Davis Polk & Wardwell

Party: UBS (Manager)

Party: UBS Securities (Manager)

Homburger

Party: UBS (Issuer)

Lawyers: Benedikt Maurenbrecher, Stefan Kramer

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