Homburger with UBS on four notes issuances
Homburger advised UBS on four different notes issuance operations starting February 2025.
The issuances
On February 10, 2025, UBS completed its offering of USD 1,500,000,000 in aggregate principal amount of 7.125% Tier 1 Capital Notes and USD 1,500,000,000 in aggregate principal amount of 7.000 % Tier 1 Capital Notes.
Two days after, the bank completed its issuance of EUR 1.5 bn in aggregate principal amount of 3.250 %. Fixed Rate/Fixed Rate Callable Senior Notes due February 2034 and EUR 1.25 bn in aggregate principal amount of 2.875 %. Fixed Rate/Fixed Rate Callable Senior Notes due February 2030 under its senior debt programme.
Moreover, during May 2025, UBS completed two more issuances, respectively of USD 1.75 bn in aggregate principal amount of Fixed Rate/Floating Rate Callable Senior Notes due May 2036 and of EUR 1.25 bn in aggregate principal amount of Floating Rate Callable Senior Notes due 2029, both under its senior debt programme.
The Homburger team
Stefan Kramer (capital markets, pictured left) and Benedikt Maurenbrecher (capital markets, pictured right) led the Homburger team on all four operations, working alongside Lee Saladino and Daniel Hulmann (both capital markets) as well as Stefan Oesterhelt (tax). Moreover Claude Lambert (corporate/M&A) contributed to the team effort in the first operation of the four, chronologically speaking.
