UBS launches tender offer for some of its own bail-in notes issued ahead of Credit Suisse deal

UBS launches tender offer for some of its own bail-in notes issued ahead of Credit Suisse deal

Upworthy

Published

UBS Group AG said Wednesday that it is launching a tender for senior bail-in notes worth 2.75 billion euros ($2.96 billion) in aggregate that were issued last week, just before its agreement to take over rival Credit Suisse Group AG. The Swiss bank said it is offering holders of EUR1.5 billion…

#ubsgroupag #creditsuissegroupag #eur125billion #ubs #fitchratings

Full Article