trending Market Intelligence /marketintelligence/en/news-insights/trending/ZBjaYGsme3E9E1B9XYc5Vw2 content esgSubNav
In This List

Report: UBS Group issues $3.25B in international bonds

Blog

Commercial Banking: June 22nd Edition

Blog

Commercial Banking Newsletter June Edition - 2022

Podcast

Street Talk | Episode 96: Considering recession risks, prospects that the Fed achieves a 'soft landing'

Blog

Insight Weekly: US recession outlook; mortgage activity slowdown; climate disclosure push


Report: UBS Group issues $3.25B in international bonds

UBS Group AG issued international bonds worth $3.25 billion in two tranches, both maturing Aug. 15, 2023.

The first tranche, worth $2 billion and priced at 100%, carries a coupon of 2.859% until Aug. 15, 2022, before switching to three-month U.S. dollar London Interbank Offered Rate plus 0.954%, Cbonds reported Aug. 8.

The second tranche, worth $1.25 billion and priced at 100%, carries a coupon of three-month U.S. dollar LIBOR plus 0.95%.

UBS served as a book runner for both issuances, while Euroclear Bank and Clearstream Banking SA served as depositories.