UBS spots AT1 opportunity in Reg S dollars

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UBS spots AT1 opportunity in Reg S dollars

Tyler Davies
July 22, 2020 12:00 PM
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A general view of the offices of investment bank UBS in London as the Swiss banking group UBS revealed a rogue trader had cost it an estimated two billion US dollars (1.3 billion). | John Stillwell/PA

UBS Group opened books on new additional tier one (AT1) on Wednesday, as it looked to hoover up demand from yield-starved investors in the Reg S dollar market.

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