UBS hits Yankee bond market in quiet week

Dollar_search_magnifying_glass_Adobe_575x375_220120
By David Rothnie
31 Jul 2020

UBS lit up the dollar market with a $2.6bn trade this week that went some way to filling the supply gap created by a lack of issuance from Wall Street’s big guns.

UBS Group, which carries an A- rating from S&P, hit the market on Monday with its second dollar trade of the year.  

It printed a two part deal, comprising a $1.3bn four year non-call three that came at 83bp over US Treasuries and a $1.3bn seven year ...

Already a subscriber?

Continue reading this article

Try full access to GlobalCapital

Free trial

Want to learn more? View subscription options