UBS Group AG (NYSE:UBS) is one of the best high growth stocks. On July 2, UBS Group disclosed that it plans to redeem two types of outstanding notes worth more than $3 billion.
The Swiss financial institution intends to repurchase $1.5 billion of its 6.373% Fixed/Floating Rate Senior Callable Notes maturing in 2026, with the final trading date set for July 11, 2025.
A close-up picture of financial documents and computers in a modern office setting.
UBS also plans to call $1.575 billion of its 6.875% Tier 1 Capital Notes, with August 5, 2025, set as the final trading date.
The repurchase of the notes highlights a significant financial maneuver, amounting to nearly $3.075 billion in total debt retired.
UBS Group AG is a global financial institution providing a comprehensive range of banking, capital markets advisory, risk management, and multi-asset investment services to private, corporate, and institutional clients.
READ NEXT: Dow 20 Stocks List: Ranked By Hedge Fund Bullishness Index and 10 Unstoppable Dividend Stocks to Buy Now.
Disclosure. None.
