Homburger: UBS issues CHF 265 m 3.375 per cent. Tier 1 Capital Notes
UBS Group successfully completed its issuance of CHF 265 million 3.375 per cent. Tier 1 Capital Notes. The Notes are «high trigger» regulatory capital instruments that are eligible to fulfil UBS Group’s Swiss going concern requirements.
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.
Homburger advised UBS Group with respect to all regulatory and transactional aspects of Swiss law. The Homburger team was led by partner Benedikt Maurenbrecher (pictured) and included partner Stefan Kramer, counsel Lee Saladino and associate Olivier Baum (all capital markets), as well as partner Stefan Oesterhelt (Tax).
