UBS has launched its CHF 375 million senior unsecured digital bond. This digital bond will be issued on the blockchain-based platform of SIX Digital Exchange while being dual listed and traded on SDX and SIX Swiss Exchange. This bond issuance is the first digital bond issued by a banking institution globally to be listed, traded and settled on a regulated digital exchange.
Lenz & Staehelin has advised the managers in this transaction. The team included partner and co-head of capital markets Patrick Schleiffer (pictured) as well as associates Patrick Schärli and Patrick Sattler (all capital markets/corporate).