UBS more than four times subscribed for $2bn AT1

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UBS more than four times subscribed for $2bn AT1

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Picture of the OpernTurm in Frankfurt, taken on 30/03/17 | usage worldwide | Jan Haas/DPA/PA Images

UBS picked up more than $8.25bn of demand on Wednesday for a perpetual non-call five additional tier one (AT1) bond, after announcing full year results for 2017 earlier this week.

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