News and developments

Homburger advised UBS Group AG on its issuance of USD 1.5 bn Fixed Rate/Fixed Rate Callable Senior Notes 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 the Notes 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. The Homburger team was led by Stefan Kramer and Benedikt Maurenbrecher (both Capital Markets) and included Lee Saladino, Daniel Hulmann and Philipp Klein (all Capital Markets) as well as Stefan Oesterhelt (Tax).