6-K 1 EDGARq21ubsgroupcapit.htm ubsgroupag.ci.info6k

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

_________________

 

FORM 6-K

 

REPORT OF FOREIGN PRIVATE ISSUER

 

PURSUANT TO RULE 13a-16 OR 15d-16 UNDER

THE SECURITIES EXCHANGE ACT OF 1934

 

Date: February 1, 2022

 

UBS Group AG

Commission File Number: 1-36764

UBS AG

Commission File Number: 1-15060

(Registrants' Names)

 

Bahnhofstrasse 45, Zurich, Switzerland, and

Aeschenvorstadt 1, Basel, Switzerland

(Address of principal executive offices)

 

Indicate by check mark whether the registrants file or will file annual reports under cover of Form 20‑F or Form 40-F.

 

Form 20-F  x                        Form 40-F  o 

 

 

This Form 6-K consists of the UBS Group AG consolidated capital instruments and TLAC-eligible senior unsecured debt information for the fourth quarter of 2021, published today by the registrants, which appears immediately following this page.

 

 

UBS Group AG consolidated capital instruments and TLAC-eligible senior unsecured debt

Fourth quarter of 2021

 

 

This document provides information about the treatment of capital instruments and other instruments contributing to the total loss-absorbing capacity (TLAC) of UBS Group AG consolidated under the Swiss systemically relevant bank (SRB) framework as of 31 December 2021.

Information about the Swiss SRB capital framework and on Swiss SRB going and gone concern requirements is provided in the “Capital management” section of our Annual Report 2020, which is available under “Annual reporting” at ubs.com/investors.   

  

1 

 

Capital instruments and TLAC-eligible senior unsecured debt as of 31 December 20211

USD million, except where indicated

 

 

 

Swiss SRB

 

 

 

 

 

 

 

Going concern

Gone concern2

 

 

No.

Issuer

ISIN

Issue date

Outstanding amount as of 31.12.21

(million)

Amount recognized

in regulatory capital

as of 31.12.21

Amount eligible for

the gone concern requirement

as of 31.12.21

Maturity date

First optional call date

Additional tier 1 capital

 

 

 

 

 

 

 

1

UBS Group AG

CH0286864027

07.8.15

USD 1,575

1,636

 

Perpetual

07.8.25

2

UBS Group AG, Switzerland, or employing subsidiaries3

 

31.12.16

USD 335

335

 

Perpetual

01.3.22

3

UBS Group AG, Switzerland, or employing subsidiaries3

 

31.12.17

USD 331

331

 

Perpetual

01.3.23

4

UBS Group AG

CH0400441280

31.1.18

USD 2,000

2,039

 

Perpetual

31.1.23

5

UBS Group AG

CH0447353704

28.11.18

SGD 700

534

 

Perpetual

28.11.23

6

UBS Group AG, Switzerland, or employing subsidiaries3

 

31.12.18

USD 358

358

 

Perpetual

01.3.24

7

UBS Group AG

144A: US90352JAF03

RegS: USH4209UAT37

31.1.19

USD 2,500

2,587

 

Perpetual

31.1.24

8

UBS Group AG

CH0488506673

27.8.19

AUD 700

503

 

Perpetual

27.8.24

9

UBS Group AG

CH0495570928

04.9.19

SGD 750

562

 

Perpetual

04.9.24

10

UBS Group AG

CH0506668869

13.11.19

CHF 275

293

 

Perpetual

13.11.25

11

UBS Group AG, Switzerland, or employing subsidiaries3

 

21.2.20

USD 293

293

 

Perpetual

01.3.25

12

UBS Group AG

CH0558521263

29.7.20

USD 750

718

 

Perpetual

29.7.26

13

UBS Group AG

144A: US902613AD01

RegS: USH42097CB19

10.2.21

USD 1,500

1,445

 

Perpetual

10.2.31

14

UBS Group AG, Switzerland, or employing subsidiaries3

 

21.2.21

USD 413

413

 

Perpetual

01.3.26

15

UBS Group AG

144A: US902613AG32

RegS: USH42097CL90

02.6.21

USD 750

735

 

Perpetual

02.6.26

Total high-trigger loss-absorbing additional tier 1 capital

 

 

 

12,783

 

 

 

1

UBS Group AG

CH0271428309

19.2.15

EUR 1,000

1,136

 

Perpetual

19.2.22

2

UBS Group AG

CH0271428333

19.2.15

USD 1,250

1,289

 

Perpetual

19.2.25

Total low-trigger loss-absorbing additional tier 1 capital4

 

 

 

2,425

 

 

 

Total additional tier 1 capital

 

 

 

15,207

 

 

 

 

 

 

 

 

 

 

 

 

Tier 2 capital

 

 

 

 

 

 

 

1

UBS AG, Stamford branch

US90261AAB89

17.8.12

USD 2,000

 

 

17.8.22

 

2

UBS AG

CH0244100266

15.5.14

USD 2,500

 

2,596

15.5.24

 

Total low-trigger loss-absorbing tier 2 capital

 

 

 

 

2,596

 

 

1

UBS AG, Stamford branch

US870836AC77

21.7.95

USD 251

 

254

15.7.25

 

2

UBS AG, Jersey branch

XS0062270581

18.12.95

GBP 61

 

83

18.12.25

 

3

UBS AG, Stamford branch

US870845AC84

03.9.96

USD 218

 

210

01.9.26

 

Total non-Basel III-compliant tier 2 capital5

 

 

 

 

547

 

 

Total tier 2 capital

 

 

 

 

3,144

 

 

 

2 

 

Capital instruments and TLAC-eligible senior unsecured debt as of 31 December 20211

USD million, except where indicated

 

 

 

Swiss SRB

 

 

 

 

 

 

 

Going concern

Gone concern2

 

 

No.

Issuer

ISIN

Issue date

Outstanding amount as of 31.12.21

(million)

Amount recognized

in regulatory capital

as of 31.12.21

Amount eligible for

the gone concern requirement

as of 31.12.21

Maturity date

First optional call date

TLAC-eligible senior unsecured debt

 

 

 

 

 

 

 

1

UBS Group AG

144A: US90351DAB38

RegS: USG91703AB73

24.9.15

USD 2,500

 

2,587

24.9.25

 

2

UBS Group AG

CH0302790123

16.11.15

EUR 1,250

 

 

16.11.22

 

3

UBS Group AG

CH0310451841

22.2.16

CHF 300

 

 

22.2.22

 

4

UBS Group AG

CH0310451858

22.2.16

CHF 150

 

166

23.2.26

 

5

UBS Group AG

CH0314209351

04.3.16

EUR 750

 

866

04.3.24

 

6

UBS Group AG

144A: US90351DAF42

RegS: USG91703AK72

05.4.16

USD 2,000

 

2,037

15.4.26

 

7

UBS Group AG

144A: US90351DAH08

RegS: USG91703AM39

10.8.16

USD 2,000

 

 

01.2.22

 

8

UBS Group AG

144A: US90351DAG25

RegS: USG91703AL55

10.8.16

USD 500

 

 

01.2.22

 

9

UBS Group AG

CH0336602930

01.9.16

EUR 1,250

 

1,436

01.9.26

01.6.26

10

UBS Group AG

CH0341440334

30.11.16

EUR 1,250

 

1,439

30.11.24

30.11.23

11

UBS Group AG

144A: US90352JAA16

RegS: USH4209UAA46

23.3.17

USD 2,000

 

2,012

23.5.23

23.5.22

12

UBS Group AG

144A: US90352JAB98

RegS: USH4209UAB29

23.3.17

USD 1,000

 

982

23.5.23

23.5.22

13

UBS Group AG

144A: US90352JAC71

RegS: USH4209UAC02

23.3.17

USD 2,000

 

2,113

23.3.28

23.3.27

14

UBS Group AG

CH0365501516

18.5.17

CHF 400

 

421

18.5.24

18.5.23

15

UBS Group AG

144A: US90352JAD54

RegS: USH4209UAF33

15.8.17

USD 1,250

 

1,201

15.8.23

15.8.22

16

UBS Group AG

144A: US90352JAE38

RegS: USH4209UAG16

15.8.17

USD 2,000

 

2,015

15.8.23

15.8.22

17

UBS Group AG

CH0409606354

17.4.18

EUR 1,750

 

2,026

17.4.25

17.4.24

18

UBS Group AG

CH0445624999

09.11.18

JPY 20,000

 

176

09.11.28

09.11.27

19

UBS Group AG

CH0445624981

09.11.18

JPY 130,000

 

1,131

08.11.24

08.11.23

20

UBS Group AG

CH0459297435

30.1.19

CHF 400

 

439

30.1.25

30.1.24

21

UBS Group AG

144A: US902613AA61

RegS: USH42097AZ05

13.8.19

USD 1,500

 

1,475

13.8.30

13.8.29

22

UBS Group AG

CH0506668844

04.11.19

USD 151.76

 

152 7

04.11.49

04.11.22

 

3 

 

Capital instruments and TLAC-eligible senior unsecured debt as of 31 December 20211

USD million, except where indicated

 

 

 

Swiss SRB

 

 

 

 

 

 

 

Going concern

Gone concern2

 

 

No.

Issuer

ISIN

Issue date

Outstanding amount as of 31.12.21

(million)

Amount recognized

in regulatory capital

as of 31.12.21

Amount eligible for

the gone concern requirement

as of 31.12.21

Maturity date

First optional call date

23

UBS Group AG

CH0520042489

29.1.20

EUR 1,500

 

1,697

29.1.26

29.1.25

24

UBS Group AG

CH0521617321

04.3.20

USD 128.06

 

129 7

04.3.50

04.3.25

25

UBS Group AG

CH0535271214

14.4.20

USD 213.96

 

182 7

14.4.50

14.4.25

26

UBS Group AG

CH0547243250

22.5.20

USD 105.76

 

88 7

22.5.50

22.5.25

27

UBS Group AG

CH0543827189

27.5.20

USD 528.26

 

448 7

27.5.50

27.5.25

28

UBS Group AG

144A: US902613AB45

RegS: USH42097BS52

30.7.20

USD 1,300

 

1,287

30.7.24

30.7.23

29

UBS Group AG

144A: US902613AC28

RegS: USH42097BT36

30.7.20

USD 1,300

 

1,253

30.1.27

30.1.26

30

UBS Group AG

CH0558521271

18.8.20

AUD 37.26

 

23 7

18.8.35

18.8.30

31

UBS Group AG

CH0561923860

22.9.20

USD 57.06

 

50 7

22.9.50

22.9.23

32

UBS Group AG

CH0576402181

05.11.20

EUR 1,500

 

1,650

05.11.28

05.11.27

33

UBS Group AG

CH0579132942

24.11.20

USD 40

 

38 7

24.11.35

24.11.23

34

UBS Group AG

CH0581183594

03.12.20

AUD 45

 

29 7

03.12.35

03.12.23

35

UBS Group AG

CH0587372951

12.1.21

USD 102.66

 

95 7

12.1.51

12.1.26

36

UBS Group AG

CH0588488863

29.1.21

USD 338.56

 

322 7

29.1.51

29.1.26

37

UBS Group AG

144A: US902613AE83

RegS: USH42097CC91

11.2.21

USD 2,000

 

1,931

11.2.32

11.2.31

38

UBS Group AG

CH0595205524

24.2.21

EUR 1,000

 

1,110

24.2.28

 

39

UBS Group AG

CH0595205532

24.2.21

EUR 1,250

 

1,363

24.2.33

 

40

UBS Group AG

CH0598928718

24.2.21

CHF 360

 

386

24.8.29

24.8.28

41

UBS Group AG

US902613AF58

25.2.21

USD 25

 

25 7

25.2.36

25.2.24

42

UBS Group AG

CH0595205490

26.2.21

USD 174.36

 

172 7

26.2.51

26.2.26

43

UBS Group AG

CH0595205508

26.2.21

AUD 92.36

 

63 7

26.2.51

26.2.26

44

UBS Group AG

CH0598928734

04.3.21

USD 40

 

40 7

04.3.36

04.3.24

45

UBS Group AG

CH1112455774

26.5.21

USD 270.56

 

280 7

26.5.51

26.5.26

46

UBS Group AG

144A: US902613AH15

RegS: USH42097CM73

10.8.21

USD 2,000

 

1,943

10.8.27

10.8.26

47

UBS Group AG

CH1142231682

03.11.21

EUR 1,250

 

1,412

03.11.26

03.11.25

48

UBS Group AG

CH1142231690

03.11.21

EUR 1,250

 

1,412

03.11.31

 

49

UBS Group AG

CH1142231708

03.11.21

GBP 400

 

537

03.11.29

03.11.28

50

UBS Group AG

CH1145096165

09.11.21

CHF 440

 

480

09.11.28

09.11.27

Total TLAC-eligible senior unsecured debt

 

 

 

 

41,120

 

 

1 Refer to “Capital and total loss-absorbing capacity instruments” under “Bondholder information” at ubs.com/investors for more information about the key features and the terms and conditions of the capital instruments included in the table above. Instruments are listed according to their issuance date.    2 Instruments available to meet gone concern requirements remain eligible until one year before maturity.    3 Relates to deferred contingent capital plan (DCCP) awards.    4 Includes outstanding low-trigger loss-absorbing additional tier 1 (AT1) capital instruments, which are available under the Swiss SRB framework to meet the going concern requirements until their first call date. As of their first call date, these instruments are eligible to meet the gone concern requirements.    5 Non-Basel III-compliant tier 2 capital instruments qualify as gone concern instruments.    6 Information corresponds to the amortized face amount as of 31 December 2021, and therefore includes the applicable accrual yield.    7 The eligible amounts presented are adjusted for own credit related gains / losses.

  

4 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Cautionary Statement | This report and the information contained herein are provided solely for information purposes, and are not to be construed as solicitation of an offer to buy or sell any securities or other financial instruments in Switzerland, the United States or any other jurisdiction. No investment decision relating to securities of or relating to UBS Group AG, UBS AG or their affiliates should be made on the basis of this report. Refer to UBS’s Annual Report 2020 on Form 20-F, quarterly reports and other information furnished to or filed with the US Securities and Exchange Commission on Form 6-K, available at ubs.com/investors, for additional information.

Rounding | Numbers presented throughout this report may not add up precisely to the totals provided in the tables and text. Percentages and percent changes disclosed in text and tables are calculated on the basis of unrounded figures. Absolute changes between reporting periods disclosed in the text, which can be derived from numbers presented in related tables, are calculated on a rounded basis.

Tables | Within tables, blank fields generally indicate non-applicability or that presentation of any content would not be meaningful, or that information is not available as of the relevant date or for the relevant period. Zero values generally indicate that the respective figure is zero on an actual or rounded basis. Values that are zero on a rounded basis can be either negative or positive on an actual basis.

5 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrants have duly caused this report to be signed on their behalf by the undersigned, thereunto duly authorized.

 

 

 

UBS Group AG

 

 

 

By: _/s/ David Kelly_____________

Name:  David Kelly

Title:    Managing Director

 

 

By: _/s/ Ella Campi______________

Name:  Ella Campi

Title:    Executive Director

 

 

 

 

UBS AG

 

 

 

By: _/s/ David Kelly_____________

Name:  David Kelly

Title:    Managing Director

 

 

By: _/s/ Ella Campi______________

Name:  Ella Camp

Title:    Executive Director

 

 

 

Date:  February 1, 2022