On 5 August 2025, UBS Group AG successfully completed its offering of USD 1,250,000,000 in aggregate principal amount of 7.000% Tier 1 Capital Notes and USD 750,000,000 in aggregate principal amount of 6.600% 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. Upon occurrence of a “Trigger Event“ or a “Viability Event“, the Notes will be converted into ordinary shares of UBS Group AG in accordance with their terms. The Notes are governed by Swiss law and have been admitted to trading and are listed on the SIX Swiss Exchange.
UBS‘s Issuance of USD 2 billion Tier 1 Capital Notes with an Equity Conversion Feature
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