UBS Attracts Record Investor Demand in Landmark Bond Sale

UBS Group AG has demonstrated its powerful appeal in the debt capital markets with a recent issuance of Additional Tier 1 (AT1) bonds. The Swiss banking giant successfully placed $3 billion worth of these securities, but the true story lies in the overwhelming investor appetite that saw orders exceed $21 billion. This massive oversubscription, more than seven times the offered amount, sends a strong vote of confidence in the bank’s financial strength. Concurrently, UBS shares have rallied to a fresh 52-week peak, though some analysts caution that the equity valuation is becoming stretched.

• Total Volume: $3 billion, issued across two tranches
• Final Order Book: In excess Read more...