Homburger advised UBS Group AG on its issuance of USD 1.5 bn 4.875 per cent. Tier 1 Capital Notes
On January 12, 2022, UBS Group AG successfully completed its issuance of USD 1.5 bn 4.875 per cent. Tier 1 Capital Notes. The Notes are «high trigger» regulatory capital instruments that are eligible to fulfill UBS Group AG’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 with respect to all regulatory and transactional aspects of Swiss law. The Homburger team was led by partner Benedikt Maurenbrecher and included partner Stefan Kramer, counsel Lee Saladino and associate Sofiya Shavlak (all Capital Markets), as well as partner Stefan Oesterhelt (Tax).