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Homburger advised UBS Group AG on its issuance of USD 1.5 bn Tier 1 Capital Notes with an equity conversion feature

On September 10, 2024, UBS Group AG successfully completed its offering of USD 1.5 bn of 6.850 per cent. Tier 1 Capital Notes, which are redeemable at the option of UBS Group AG after five years.
The Notes are «high trigger» regulatory capital instruments that are eligible to fulfill UBS Group AG’s Swiss going concern requirements.
Upon occurrence of a «Trigger Event» or a «Viability Event», the Notes will be converted into ordinary shares of UBS Group AG in accordance with their terms.
The Notes are governed by Swiss law and have been provisionally admitted to trading, and application will be made for definitive admission to trading and listing of the Notes, on the SIX Swiss Exchange.
The Homburger team was led by Benedikt Maurenbrecher and Stefan Kramer (both Capital Markets) and included Lee Saladino, Daniel Hulmann, Philipp Klein and Yulia Shaburnykova (all Capital Markets), Claude Lambert (Corporate / M&amp;A) as well as Stefan Oesterhelt (Tax).

Financing and Investment Products

Aryzta

Homburger advised ARYZTA AG with regard to its new EUR 930 m multicurrency revolving credit facility

Homburger acted as counsel to ARYZTA AG in its capacity as borrower in connection with its new Swiss law governed EUR 930 m multicurrency revolving credit facility, arranged by Coöperatieve Rabobank U.A. and UBS Switzerland AG.
Homburger advised ARYZTA AG with regard to all Swiss legal aspects of the financing transaction.
The Homburger team included partner Claude Lambert (Corporate), counsel Eduard De Zordi and associate Stefan Bindschedler (both Financing and Investment Products) as well as partner Stefan Oesterhelt (Tax).

On June 24, 2024, UBS Group AG successfully completed its offering of SGD 500 m of 5.600 per cent. Tier 1 Capital Notes, which are redeemable at the option of UBS Group AG for the first time on December 21, 2029.
The Notes are «high trigger» regulatory capital instruments that are eligible to fulfill UBS Group AG’s Swiss going concern requirements.
Upon occurrence of a «Trigger Event» or a «Viability Event», the Notes will be converted into ordinary shares of UBS Group AG in accordance with their terms.
The Notes are governed by Swiss law and have been provisionally admitted to trading, and application has been made for definitive admission to trading and listing of the Notes, on the SIX Swiss Exchange.
The Homburger team was led by Stefan Kramer and Benedikt Maurenbrecher and included Lee Saladino (all Capital Markets), Claude Lambert (Corporate / M&amp;A), Stefan Oesterhelt (Tax) and Daniel Hulmann (Capital Markets).

Homburger advised UBS Group AG on its issuance of SGD 500 m Tier 1 Capital Notes with an equity conversion feature

He is experienced in a broad range of transactions, including trade sales, tender offers, IPOs, rights offerings and financings. In addition, he advises clients regarding corporate matters, including shareholders&#8217; meetings, corporate governance and compliance matters, as well as share participation plans. Claude Lambert is a lecturer in commercial and corporate law at the University of Zurich.

Claude
Lambert

Homburger advised UBS Group AG on its issuance of USD 1.5 bn Tier 1 Capital Notes with an equity conversion feature

Homburger advised ARYZTA AG with regard to its new EUR 930 m multicurrency revolving credit facility

Homburger advised UBS Group AG on its issuance of SGD 500 m Tier 1 Capital Notes with an equity conversion feature

Private M&A 2025: Switzerland

Corporate governance and directors' duties in Switzerland: Overview 2024 / 2025

Private M&A 2024: Switzerland

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Claude Lambert

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ClaudeLambert

Homburger advised UBS Group AG on its issuance of USD 1.5 bn Tier 1 Capital Notes with an equity conversion feature

Homburger advised ARYZTA AG with regard to its new EUR 930 m multicurrency revolving credit facility

Homburger advised UBS Group AG on its issuance of SGD 500 m Tier 1 Capital Notes with an equity conversion feature

Private M&A 2025: Switzerland

Corporate governance and directors' duties in Switzerland: Overview 2024 / 2025

Private M&A 2024: Switzerland

Join the Team

Claude Lambert

Career

Languages

Bar Registration

Teams

Claude
Lambert