UBS resurrects Swiss AT1 with dual tranche deal that shows size ambition

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UBS resurrects Swiss AT1 with dual tranche deal that shows size ambition

Logos of Credit Suisse and UBS Bank on a heap on a table. Concept for a possible merger or take over. Copy space. Web banner format.

◆ Deal marketed at a price to sell ◆ Structure suggests UBS is optimising funding volume ◆ Reluctance to buy Swiss AT1s remains but fixed income markets are recovering

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