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UBS Group Prices Offers to Redeem Outstanding Credit Suisse-issued Senior Notes

MT Newswires·09/10/2026 23:55:24
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11:55 PM EDT, 09/10/2026 (MT Newswires) -- UBS Group (UBSG.SW) on Thursday priced concurrent and separate offers to redeem nine series of Credit Suisse Group-issued outstanding senior notes. The offers cover 750 million pounds sterling of 7.375% notes due Sept. 7, 2033; $697.1 million of 6.442% notes due Aug. 11, 2028; and $2.25 billion of 4.282% notes due Jan. 9, 2028. The offers also include up to $4 billion of six other series of outstanding notes maturing in 2029, 2031 and 2033. The Swiss banking group will close the offer on Thursday afternoon, with settlement expected by Sept. 14.