UBS Group AG and UBS AG, through its Stamford branch, have announced the pricing terms for their ongoing cash tender offers to purchase certain outstanding debt securities. The announcement details seven separate and concurrent offers to buy back specific series of notes, as previously outlined in an offer to purchase dated October 30, 2025.
Each offer is set to expire at 5:00 p.m. Eastern time on November 5, 2025, unless extended or terminated earlier. Investors who wish to withdraw their tendered notes must do so by the same deadline. Each offer operates independently, allowing the company to modify or terminate one without affecting the others.
For those using guaranteed delivery procedures, all necessary documentation must be submitted by 5:00 p.m. Eastern time on November 7, 2025. The initial settlement date for accepted notes is expected to be November 7, 2025—two business days after the expiration date—while settlement for guaranteed deliveries is anticipated on November 10, 2025.
Holders whose notes are accepted will receive a cash payment that includes both the total consideration and accrued but unpaid interest up until the initial settlement date. Interest payments cease as of this date for all accepted notes; those using guaranteed delivery procedures will not receive additional interest beyond this point.
The completion of each offer depends on several conditions described in the Offer to Purchase document. Notably, the aggregate total consideration payable for purchased notes across all offers cannot exceed $4 billion (excluding accrued coupon payments). Acceptance priority rules apply if tenders surpass this limit.
"A complete description of the terms and conditions of the Offers is set out in the Offer to Purchase. Before making a decision with respect to the Offers, Holders should carefully consider all of the information in the Offer to Purchase."
UBS Investment Bank serves as Dealer Manager for these offers. D.F. King & Co., Inc. acts as Information Agent and Tender Agent for USD-denominated offers; UBS AG handles tender agent duties for euro-denominated offers. Further details and documents are available at https://clients.dfkingltd.com/UBS/.
"This press release is neither an offer to purchase nor a solicitation of an offer to sell the Notes or any other securities. The Offers were made only by and pursuant to the terms of the Offer to Purchase and only to such persons and in such jurisdictions as is permitted under applicable law. The information in this press release is qualified by reference to the Offer to Purchase. None of UBS, the Dealer Managers, any fiscal agent, any paying agent or any trustee, as applicable, the Tender Agents or the Information Agent or their respective directors, employees and affiliates makes any recommendation whatsoever regarding the Offers, or any recommendation as to whether Holders should tender their Notes for purchase pursuant to the Offers."
Investor contacts are provided for Switzerland (+41-44-234 41 00) and Americas (+1 212 882 57 34).