By Cristal Cody
Chicago, May 25 – UBS Group AG sold $750 million of perpetual non-call five-year notes with a 3.875% coupon, according to a market source.
Initial price talk was in the 4.25% area.
The notes will be callable beginning June 2, 2026.
UBS is the bookrunner.
The investment bank and financial services company is based in Zurich and Basel, Switzerland.
| Issuer: | UBS Group AG
|
| Issue: | Perpetual notes
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| Amount: | $750 million
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| Maturity: | Perpetual
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| Bookrunner: | UBS
|
| Coupon: | 3.875%
|
| Call features: | Five years
|
| Trade date: | May 25
|
| Price talk: | 4.25% area
|
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