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UBS to Repurchase Series of Credit Suisse Bonds
Summary by finews.asia
2 Articles
2 Articles
UBS to Repurchase Series of Credit Suisse Bonds
Swiss banking giant UBS has launched tender offers for seven outstanding bonds originally issued by Credit Suisse, with a combined volume equivalent to approximately $16.2 billion. The offers, announced on Thursday, cover various series of debt securities. Six of the bonds total $12.7 billion, while the remaining issue amounts to 3 billion euros. The notes carry maturities between 2027 and 2033 and coupon rates ranging from 4.282 to 9.016 percen…
UBS has published buyback offers for a total of seven outstanding bonds, which were originally issued by Credit Suisse and have a total volume of approximately $16.2 billion.
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