Homburger advised UBS Group on its issuance of USD 2 bn fixed rate/fixed rate senior notes under its senior debt programme
On February 11, 2020, UBS Group completed its issuance of USD 2 bn in aggregate principal amount of Fixed Rate/Fixed Rate Senior Notes due February 2032 (the Notes) under its Senior Debt Programme. The Notes are bail-inable (TLAC) bonds that are eligible to count towards UBS’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.