UBS announces potential market stabilization for new bonds

LONDON - UBS Group AG (NYSE:UBS) has indicated that it may engage in market stabilization activities for its newly offered securities, as detailed in a pre-stabilization notice issued on Monday. The Swiss multinational investment bank and financial services company, through its London branch, may undertake these actions starting from today and potentially continuing until March 13, 2025.

The securities in question include two sets of Senior HoldCo bonds, one with a five-year non-call period (5NC4) and the other with a nine-year non-call period (9NC8), with the aggregate nominal amount set at a Euro Benchmark level. The specific offer price and other terms are yet to be confirmed (TBC).

UBS AG London Branch will act as the Stabilising Manager and may, during the stabilization period, over-allot the securities or effect transactions to support their market price above levels that might otherwise prevail. However, the bank has not guaranteed that stabilization efforts will be undertaken, and any such activities, if initiated, can be discontinued at any time.

The announcement emphasizes that this pre-stabilization notice does not serve as an invitation or offer to underwrite, subscribe for, or acquire securities of the issuer in any jurisdiction. The securities are directed at persons outside the United Kingdom (TADAWUL:4280) and those within the UK who have professional experience in investment-related matters or are high net worth individuals as described by the Financial Services and Markets Act 2000.

Furthermore, the notice clarifies that the securities have not been and will not be registered under the United States Securities Act of 1933. Consequently, they may not be offered or sold in the United States absent registration or an exemption from registration, and there will be no public offer of these securities in the United States.

The information contained in this article is based on a press release statement and is intended for informational purposes only. It should not be acted upon or relied upon by individuals who do not meet the specified criteria.

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