UBS AG’s €2.5 Billion Senior Notes Issuance Under Its Euro Note Programme

Homburger advised UBS AG on the deal.

UBS AG, acting through its London branch, successfully completed its issuance of approximately EUR 2.5 bn in aggregate principal amount of senior notes under its Euro Note Programme.

Such senior notes consisted of EUR 1.5 bn in aggregate principal amount of 0.01 per cent. Notes due March 2026, EUR 1 bn in aggregate principal amount of 0.5 per cent. Notes due March 2031 and GBP 500 m in aggregate principal amount of 0.625 per cent. Notes due December 2023.

UBS AG is incorporated and domiciled in Switzerland and operates under the Swiss Code of Obligations as an Aktiengesellschaft, a corporation limited by shares. UBS AG is a bank and was formed on 29 June 1998, when Union Bank of Switzerland (founded 1862) and Swiss Bank Corporation (founded 1872) merged.

Through UBS AG and UBS Switzerland AG, which are licensed as banks in Switzerland, the Group may engage in a full range of financial services activities in Switzerland and abroad, including personal banking, commercial banking, investment banking and asset management.

The Homburger team was led by Benedikt Maurenbrecher (Picture) and included Stefan Kramer, Lee Saladino, Olivier Baum and Stefan Oesterhelt.

Involved fees earner: Olivier Baum – Homburger; Stefan Kramer – Homburger; Benedikt Maurenbrecher – Homburger; Stefan Oesterhelt – Homburger; Lee Saladino – Homburger;

Law Firms: Homburger;

Clients: UBS AG;

Author: Federica Tiefenthaler