Deals & Cases

Homburger advised UBS AG on its inaugural SEC registered offering of benchmark bonds in an aggregate principal amount of USD 3 bn

On September 11, 2023, UBS AG, acting through its London branch, successfully completed its issuance of (i) USD 1 bn aggregate principal amount of 5.800 per cent. Fixed Rate Senior Notes due 2025, (ii) USD 1.5 bn aggregate principal amount of 5.650 per cent. Fixed Rate Senior Notes due 2028 and (iii) USD 500 m aggregate principal amount of Floating Rate Senior Notes due 2025. The notes were issued pursuant to UBS AG’s shelf registration statement on file with the U.S. Securities and Exchange Commission.

Homburger advised UBS AG with respect to all transactional aspects of Swiss law. The Homburger team was led by Benedikt Maurenbrecher and included Stefan Kramer, Lee Saladino and Daniel Hulmann (all Capital Markets), as well as Stefan Oesterhelt (Tax).