Bond UBSG 1.008% ( USH42097BS52 ) in USD
| Issuer | UBSG |
| Market price | 100 % ▲ |
| Country | Switzerland
|
| ISIN code |
USH42097BS52 ( in USD )
|
| Interest rate | 1.008% per year ( payment 2 times a year) |
| Maturity | 30/07/2024 - Bond has expired |
|
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|
| Minimal amount | 200 000 USD |
| Total amount | 1 300 000 000 USD |
| Cusip | H42097BS5 |
| Standard & Poor's ( S&P ) rating | A- ( Upper medium grade - Investment-grade ) |
| Moody's rating | N/A |
| Detailed description |
UBS Group AG is a global financial services firm offering investment banking, wealth management, and asset management services to individuals, corporations, and institutions worldwide. A specific bond issuance, identified by ISIN USH42097BS52 and CUSIP H42097BS5, recently concluded its lifecycle, having successfully matured and been fully redeemed on July 30, 2024. This particular obligation, issued in USD, carried an annual interest rate of 1.008%, with interest payments disbursed semi-annually. The total issue size amounted to a substantial $1.3 billion, originating from Switzerland, with a minimum investment threshold set at $200,000 for purchasers. The bond was issued by UBS Group, a leading global financial services company headquartered in Switzerland. As one of the world's largest and most prominent wealth managers, UBS provides a comprehensive range of financial solutions to institutional, corporate, and private clients worldwide, including wealth management, investment banking, asset management, and retail and corporate banking services in Switzerland. The company's established presence and diverse operations underpin its role as a significant participant in global capital markets. Throughout its tenure, the bond held a robust credit rating of A- from Standard & Poor's (S&P), reflecting the issuer's strong creditworthiness. Upon reaching its maturity date, the bond was reported at a market price of 100%, indicating that it was redeemed at par, ensuring full repayment to bondholders as per the terms of the original issuance. |
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