UBS on deck with five-year tier 1 notes talked in 5.125% area

By Cristal Cody

Chicago, Jan. 6 – UBS Group AG is gearing up to offer perpetual additional tier 1 notes with a five-year tenor, according to a market source.

The notes, due Feb. 12, 2027, are being talked for a coupon in the 5.125% area.

UBS is the bookrunner.

The investment bank and financial services company is based in Zurich and Basel, Switzerland.

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