UBS Sets Final Terms On EUR1 Billion 2015 Covered Bond
August 25 2011 - 6:50AM
Dow Jones News
UBS AG (UBS) has set final terms on its planned EUR1 billion
covered bond, one of the banks leading the deal said Thursday.
The deal will price at 27 basis points over midswaps, at the
tight end of initial guidance.
The bonds, backed by prime Swiss residential mortgages, mature
on April 10, 2015.
Bayerische Landesbank, Banco Bilbao Vizcaya Argentaria SA,
Danske Bank, Deutsche Bank AG, Societe Generale AG and UBS are
bookrunners on the transaction.
The new bonds are expected to be rated triple-A by Moody's
Investors Service Inc. and Fitch Ratings.
-By Art Patnaude, Dow Jones Newswires; +44 (0) 207 842 9259;
art.patnaude@dowjones.com
BBVA Bilbao Vizcaya Arge... (NYSE:BBVA)
Historical Stock Chart
From Jun 2024 to Jul 2024
BBVA Bilbao Vizcaya Arge... (NYSE:BBVA)
Historical Stock Chart
From Jul 2023 to Jul 2024
