tldrdaily.news logo

UBS Raises $3.5bn in Controversial AT1 Bond Sale

1 min read
Source: Financial Times
TL;DR Summary

UBS has successfully raised $3.5 billion through the issuance of its first Additional Tier 1 (AT1) bonds since its takeover of Credit Suisse. The funds raised will be used to strengthen the bank's capital position and support its growth plans. This move highlights UBS's ability to raise capital in the market and leverage its market expertise.

Topics:business#at1-bonds#credit-suisse#finance#fundraising#leverage#ubs
Share this article
  1. UBS raises $3.5bn for first AT1 bonds since Credit Suisse takeover  Financial Times
  2. UBS resumes selling the bonds at the heart of Credit Suisse controversy  CNBC
  3. UBS Made a Fast Start in Butchering Credit Suisse  Bloomberg
  4. Swiss banking is 'completely normal' after UBS-Credit Suisse takeover  CNBC

Reading Insights

Total Reads

0

Unique Readers

1

Time Saved

0 min

vs 1 min read

Condensed

53%

118 → 56 words

Want the full story? Read the original article

Read on Financial Times