New Issue: UBS sells $4 billion of benchmark bonds due 2030, 2035

By Cristal Cody

Chicago, Jan. 16 – UBS Group AG sold $4 billion of benchmark bonds, according to a market source and information posted by the bank.

The deal included $1.75 billion of 5.428% six-year bonds. There are five years of call protection. Pricing was at Treasuries plus 152 basis points. Talk started them in the 180 bps area.

The second tranche priced as $2.25 billion of 5.699% bonds due in 2035. The notes are callable on Feb. 8, 2034. The spread priced as Treasuries plus 177 bps on talk in the 205 bps area.

UBS was the bookrunner.

UBS is an investment banking company based in Zurich and Basel, Switzerland.

Issuer:	UBS Group AG
Amount:	$4 billion
Issue:	Bonds
Bookrunner:	UBS
Trade date:	Jan. 2
Settlement date:	Jan. 8
Ratings:	Moody’s:
	S&P:
	Fitch:
Distribution:	Rule 144A and Regulation S
Bonds due 2030
Amount:	$1.75 billion
Maturity:	Feb. 8, 2030
Coupon:	5.428%
Spread:	Treasuries plus 152 bps
Call features:	Feb. 8, 2029
Price talk:	Treasuries plus 180 bps area
ISINs:	US902613BJ61, USH42097EV54
Bonds due 2035
Amount:	$2.25 billion
Maturity:	Feb. 8, 2035
Coupon:	5.699%
Spread:	Treasuries plus 177 bps
Call features:	Feb. 8, 2034
Price talk:	Treasuries plus 205 bps area
Cusip:	US902613BH06, USH42097EU71

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