Homburger with UBS Group on notes issuance
Homburger advised UBS Group in connection with the issuance of USD 1.25 bn Fixed Rate/Floating Rate Callable Senior Notes due December 2029, USD 700 m Floating Rate Callable Senior Notes due December 2029, USD 1 bn Fixed Rate/Floating Rate Callable Senior Notes due September 2031, USD 300 m Floating Rate Callable Senior Notes due September 2031, and USD 1.75 bn Fixed Rate/Floating Rate Callable Senior Notes due March 2037 under its Senior Debt Programme.
The notes
The notes are bail-inable (TLAC) bonds that qualify toward UBS Group’s Swiss gone-concern requirement. They are governed by Swiss law and have been provisionally admitted to trading on the SIX Swiss Exchange, with an application submitted for their definitive admission and listing.
The Homburger team
Stefan Kramer (pictured left) and Benedikt Maurenbrecher (pictured right) led the Homburger team on the matter, with further support from Lee Saladino, Olivier Baum (all capital Markets) and Stefan Oesterhelt (tax).
