Homburger advised UBS on the issuance of USD 1.5 bn senior notes
Homburger advised UBS Group, which, on September 6, 2024 successfully completed its issuance of USD 1.5 billion in aggregate principal amount of fixed rate/fixed rate callable senior notes due September 2045 under its senior debt programme. The Notes are bail-inable (TLAC) bonds that are eligible to count towards UBS Group’s Swiss gone concern requirement.
Homburger team
The Homburger team was led by capital markets partners Stefan Kramer (pictured left) and Benedikt Maurenbrecher (pictured right) and included Lee Saladino, Daniel Hulmann and Philipp Klein (all capital markets) as well as Stefan Oesterhelt (tax).
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.