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UBS Group AG ( (CH:UBSG) ) just unveiled an announcement.
UBS Group AG announced cash tender offers for several series of debt securities, aiming to purchase outstanding notes as part of its strategy to manage funding and optimize interest expenses. This move is part of UBS’s proactive approach to managing its total loss-absorbing capacity, and the company plans to continue issuing senior unsecured liabilities across major currency markets, which may or may not coincide with these tender offers.
More about UBS Group AG
UBS Group AG is a global financial services company operating in the banking industry. It provides a wide range of financial services, including wealth management, asset management, and investment banking. The company focuses on serving clients worldwide, with a significant presence in major financial markets.
For detailed information about UBSG stock, go to TipRanks’ Stock Analysis page.