UBS doubles up in dollars with capital and senior

By Tyler Davies
02 Feb 2021

UBS found room for $5bn of new debt in the dollar market this week, starting with a “phenomenal” result for a new additional tier one (AT1) on Monday and ending with a three-part senior offering a day later.

The Swiss bank wasted little time in returning to the market, after publishing a stellar set of annual results last week.

There has been no real signs of Covid-19 impacting on the firm, which reported a 30% year on year increase in pre-tax profits, driven the strong performance ...

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