Final USD Results After Guaranteed Delivery Period
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E-mailZURICH, SWITZERLAND -- (Marketwired) -- 12/18/15 -- LSE : 56IL
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN OR INTO, OR TO ANY PERSON RESIDENT AND/OR LOCATED IN, ANY JURISDICTION WHERE SUCH RELEASE, PUBLICATION OR DISTRIBUTION IS UNLAWFUL
DECEMBER 18, 2015
UBS AG CASH TENDER OFFERS FOR CERTAIN U.S. DOLLAR SECURITIES: ANNOUNCEMENT OF FINAL RESULTS FOLLOWING THE EXPIRATION OF THE GUARANTEED DELIVERY PERIOD
UBS AG today announced, following the expiration of the guaranteed delivery period, the final results of its previously announced cash tender offers (the "Offers"). The Offers were made on the terms and subject to the conditions contained in a tender offer memorandum dated December 4, 2015 (the "Tender Offer Memorandum") and the notice of guaranteed delivery (the "Notice of Guaranteed Delivery").
Capitalized terms not otherwise defined in this announcement have the same meaning as assigned to them in the Tender Offer Memorandum.
The table below sets forth the aggregate principal amount of Securities of each Series validly tendered and accepted for purchase pursuant to the Offers.
Title of Security CUSIP ISIN
Subordinated Dated Tier 2 Notes
5.875% Notes due July 15, 2016(3) 90261XBY7 US90261XBY76
7.375% Notes due June 15, 2017(4) 87083KAM4 US87083KAM45
7.500 % Notes due July 15, 2025(4) 870836AC7 US870836AC77
7.750 % Notes due September 1, 2026(4) 870845AC8 US870845AC84
Senior Unsecured Notes
5.875 % Notes due December 20, 2017(3) 90261XEM0 US90261XEM02
5.750 % Notes due April 25, 2018(3) 90261XFA5 US90261XFA54
4.875 % Notes due August 4, 2020(3) 90261XGD8 US90261XGD84
Covered Bonds
2.250 % Notes due March 30, 2017(5) 90349CAA2 US90349CAA27/
XS0765656276
Principal
Principal Principal Amount Tendered
Amount Amount Tendered Using
Outstanding as Using Guaranteed Principal
of the Principal Guaranteed Delivery Amount Tendered
Commencement of Amount Delivery Procedures But and Accepted
the Offers Tendered(1) Procedures Not Delivered for Purchase(2)
$930,600,000 $282,741,00 $10,650,000 $0 $293,391,000
0
$300,000,000 $79,601,000 $20,000 $0 $79,621,000
$350,000,000 $86,213,000 $13,333,000 $0 $99,546,000
$300,000,000 $80,008,000 $2,264,000 $0 $82,272,000
$2,484,645,000 $1,284,479, $15,210,000 $2,310,000 $1,297,379,000
000
$1,907,380,000 $905,480,00 $125,000 $125,000 $905,480,000
0
$1,974,078,000 $875,250,00 $1,211,000 $341,000 $876,120,000
0
$2,000,000,000 $1,566,940, $72,700,000 $700,000 $1,638,940,000
000
(1) Excluding principal amounts tendered using guaranteed delivery procedures. (2) Including Securities tendered using guaranteed delivery procedures and delivered prior to expiration of the guaranteed delivery period. (3) Issued by UBS AG acting through its Stamford Branch. (4) Originally issued by Swiss Bank Corporation (currently, UBS AG) acting through its New York Branch. (5) Issued by UBS AG acting through its London Branch.
The Settlement Date is expected to be December 18, 2015.
FURTHER INFORMATION
Lucid Issuer Services Limited acted as tender agent (the "Tender Agent") for the purposes of the Offers.
UBS Limited, an affiliate of the Offeror, acted as the Lead Dealer Manager (the "Lead Dealer Manager") and Australia and New Zealand Banking Group Limited; BB&T Capital Markets, a division of BB&T Securities LLC; BMO Capital Markets Corp.; Daiwa Capital Markets Europe Limited; Danske Bank A/S; DZ BANK AG Deutsche Zentral-Genossenschaftsbank, Frankfurt am Main; National Australia Bank Limited; RBS Securities Inc.; and Santander Investment Securities Inc. acted as co-dealer managers (each, a "Co-Dealer Manager" and, together with the Lead Dealer Manager, the "Dealer Managers") in connection with the Offers.
Requests for information in relation to the Offers should be directed to:
LEAD DEALER MANAGER
UBS Limited
1 Finsbury Avenue
London EC2M 2PP
United Kingdom
In the United States: Outside the United States:
Toll Free: +1 888 719 4210 Tel: +1 203 719 8682 / +44 20 7568
Collect: +1 203 719 4210 4601
Email: [email protected]/ Email: [email protected]/
[email protected] [email protected]
Attention: Liability Management Group Attention: Liability Management
Group
TENDER AGENT
Lucid Issuer Services Limited
Tankerton Works
12 Argyle Walk
London WC1H 8HA
United Kingdom
Tel: +44 20 7704 0880
Email: [email protected]
Attention: Paul Kamminga/Thomas Choquet
DISCLAIMER This announcement must be read in conjunction with the Tender Offer Memorandum. The distribution of this announcement and the Tender Offer Memorandum in certain jurisdictions may be restricted by law. Persons into whose possession this announcement or the Tender Offer Memorandum comes are required by each of the Offeror, the Dealer Managers and the Tender Agent to inform themselves about and to observe any such restrictions.
Contact: RNS Customer Services 0044-207797-4400 [email protected] http://www.rns.com
Source: UBS AG
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