Homburger advised UBS Group AG on its issuance of EUR 1.5 bn Fixed Rate/Fixed Rate Senior Notes under its Senior Debt Programme

On March 21, 2022, UBS Group AG successfully completed its issuance of EUR 1.5 bn in aggregate principal amount of 1.000 per cent. Fixed Rate/Fixed Rate Callable Senior Notes due March 2025 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) and associate Olivier Baum (Capital Markets), as well as partner Stefan Oesterhelt (Tax).