UBS targets first 144A sale in AT1, clocks up more than $10bn of orders

Tyler Davies

January 28, 2019 02:00 pm

UBS_PA_230x150_280119 — March 14, 2017 - New York, New York, U.S - March 14, 2017. UBS Has Cut Down on Bonuses, Including for Its CEO amid lower profits and a tough operating backdrop. Additionally, the bank continues to face legal hassles. UBS bank in New York, New York. (Credit Image: © Prensa Internacional via ZUMA Wire) | Javier Rojas/Zuma Press/PA Images

UBS welcomed strong demand on Monday for its first ever additional tier one deal in Reg S/144A format, running up an order book of about $10.5bn mid-way through the sales process.

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Bank Capital UBS Europe EMEA FIG

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Tyler Davies