UBS Group Redeems $3.075B in Outstanding Notes

UBS Group AG (NYSE:UBS) plans to redeem $3.075 billion worth of outstanding notes, including $1.5 billion of its 6.373% Fixed/Floating Rate Senior Callable Notes maturing in 2026 and $1.575 billion of its 6.875% Tier 1 Capital Notes. This move highlights a significant financial maneuver by the Swiss financial institution.

Read more at Yahoo Finance: UBS Group (UBS) Prepares to Redeem $1.5B of Senior Notes and $1.58B in Tier 1 Notes