Homburger advises UBS on issuance of CHF 450m Bonds

UBS Switzerland AG has successfully completed its issuance of Covered Bonds under its covered bond program in an aggregate principal amount of CHF 450 m, consisting of CHF 180 m 1.5427% Covered Bonds due January 2027 and CHF 270 m 1.7150% Covered Bonds due January 2034. The Covered Bonds are governed by Swiss law and have been provisionally admitted to trading on SIX Swiss Exchange, and application will be made for definitive admission to trading and listing.

Homburger advised UBS Switzerland AG as issuer and UBS Hypotheken Schweiz AG as guarantor in respect of all transactional, regulatory and tax aspects of Swiss law. The Homburger team was jointly led by Stefan Kramer and Benedikt Maurenbrecher and included Daniel Hulmann and Sofiya Shavlak (all Capital Markets) as well as Stefan Oesterhelt (Tax).