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Market Chatter: UBS Reportedly Plans First Additional Tier 1 Notes Issuance for 2026

MT Newswires·01/05/2026 06:36:02
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06:36 AM EST, 01/05/2026 (MT Newswires) -- UBS Group (UBSG.SW) is said to be planning a sale of two US dollar-denominated Additional Tier 1 debt instruments, marking the Swiss bank's first such bond sale of 2026, according to a Monday Bloomberg News report. A person familiar with the matter told the news outlet that the issuance comprises a first tranche of 7.125% notes callable in 2031 and a second tranche of 7.5% notes callable in 2036 amid planned capital rule changes in Switzerland. In December 2025, a group of Swiss lawmakers put forward a proposal that could allow the banking group to use additional tier 1 bonds as capital backing for its overseas subsidiaries, Bloomberg noted. UBS did not immediately respond to MT Newswires' request for comment. (Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)