Homburger advised UBS Group AG on its issuance of EUR 2.5 bn Senior Notes under its Senior Debt Programme

On November 3, 2021, UBS Group AG successfully completed its issuance of EUR 1.25 bn in aggregate principal amount of 0.250 per cent. Fixed Rate/Fixed Rate Callable Senior Notes due November 2026 and EUR 1.25 bn in aggregate principal amount of 0.875 per cent. Fixed Rate Senior Notes due November 2031 under its Senior Debt Programme. The Notes are bail-inable (TLAC) bonds that are eligible to count towards UBS Group AG’s Swiss gone concern requirement.

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 AG with respect to all regulatory and transactional aspects of Swiss law. The Homburger team was led by partner Benedikt Maurenbrecher (Financial Market Regulation / Capital Markets) and included partner Stefan Kramer (Financial Market Regulation / Capital Markets), counsel Lee Saladino and associate Sofiya Shavlak (both Capital Markets), as well as partner Stefan Oesterhelt (Tax).