UBS Launches $3.25 Billion of Bonds, First Since AT1 Ruling
Update: 2025-11-03
Description
UBS, the Swiss bank, returns to public markets to raise funds after a controversial court decision earlier this year. The bank plans to appeal the ruling, which ruled against wiping out risky Credit Suisse bonds during their takeover. UBS's new bond sale, despite legal questions, aims to strengthen its finances and reassure investors, who are also concerned about its investment in First Brands Group, a now-bankrupt American auto parts supplier.
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