Deals & Cases

UBS Switzerland AG issuance of EUR 1bn Fixed Rate Covered Bonds

12 settembre 2025 – On 9 September 2025, UBS Switzerland AG successfully closed its issuance of Covered Bonds under its covered bond program in an aggregate principal amount of EUR 1bn due September 2030. The Covered Bonds are governed by Swiss law and are listed on SIX Swiss Exchange. UBS AG acted as Arranger and UBS AG London Branch, Credit Agricole Corporate and Investment Bank, Landesbank Hessen-Thüringen Girozentrale, Skandinaviska Enskilda Banken AB (publ), Standard Chartered Bank, Commonwealth Bank of Australia, Erste Group Bank AG and CIBC Capital Markets (Europe) S.A. as Joint-Lead Managers and Dealers and Credit Industriel et Commercial S.A, The Toronto-Dominion Bank, The Governor and Company of the Bank of Ireland and Svenska Handelsbanken AB (publ) as Managers and Dealers.

Walder Wyss advised the Arranger and the Managers in respect of all transactional, regulatory and tax aspects of Swiss law in relation to the issuance. The Walder Wyss team was jointly led by Roger Ammann (Partner, Finance/Capital Markets) and Johannes A. Bürgi (Partner, Finance/Capital Markets) and included Thomas Meister (Partner, Tax) and Laura Tarenzi (Senior Associate, Finance/Capital Markets).