6-K 1 EDGARq22ubsgroupcapit.htm ubsgroupag.ci.info6k

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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: January 31, 2023

 

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 

 

Click here to enter text. 

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 2022, 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 2022

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 2022.

Information about the Swiss SRB capital framework and on Swiss SRB going and gone concern requirements is provided in the “Capital, liquidity and funding, and balance sheet” section of our Annual Report 2021, which is available under “Annual reporting” at ubs.com/investors.  

 

 

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

1

 

 

Capital instruments and TLAC-eligible senior unsecured debt as of 31 December 20221

USD m, except where indicated

 

 

 

Swiss SRB

 

 

 

 

 

 

 

Going concern

Gone concern2

 

 

No.

Issuer

ISIN

Issue date

Outstanding amount as of 31.12.22 (m)

Amount recognized

in regulatory capital

as of 31.12.22

Amount eligible for

the gone concern requirement

as of 31.12.22

Maturity date

First optional call date

Additional tier 1 capital

 

 

 

 

 

 

 

1

UBS Group AG

CH0286864027

7.8.15

USD 1,575

 1,495 

 

Perpetual

7.8.25

2

UBS Group AG, Switzerland, or employing subsidiaries3

 

31.12.17

USD 319

 319 

 

Perpetual

1.3.23

3

UBS Group AG

CH0400441280

31.1.18

USD 2,000

 04

 

Perpetual

31.1.23

4

UBS Group AG

CH0447353704

28.11.18

SGD 700

 524 

 

Perpetual

28.11.23

5

UBS Group AG, Switzerland, or employing subsidiaries3

 

31.12.18

USD 345

 345 

 

Perpetual

1.3.24

6

UBS Group AG

144A: US90352JAF03

RegS: USH4209UAT37

31.1.19

USD 2,500

 2,434 

 

Perpetual

31.1.24

7

UBS Group AG

CH0488506673

27.8.19

AUD 700

 451 

 

Perpetual

27.8.24

8

UBS Group AG

CH0495570928

4.9.19

SGD 750

 545 

 

Perpetual

4.9.24

9

UBS Group AG

CH0506668869

13.11.19

CHF 275

 270 

 

Perpetual

13.11.25

10

UBS Group AG, Switzerland, or employing subsidiaries3

 

21.2.20

USD 281

 281 

 

Perpetual

1.3.25

11

UBS Group AG

CH0558521263

29.7.20

USD 750

 655 

 

Perpetual

29.7.26

12

UBS Group AG

144A: US902613AD01

RegS: USH42097CB19

10.2.21

USD 1,500

 1,210 

 

Perpetual

10.2.31

13

UBS Group AG, Switzerland, or employing subsidiaries3

 

21.2.21

USD 394

 394 

 

Perpetual

1.3.26

14

UBS Group AG

144A: US902613AG32

RegS: USH42097CL90

2.6.21

USD 750

 666 

 

Perpetual

2.6.26

15

UBS Group AG

144A: US902613AJ70

RegS: USH42097CS44

12.1.22

USD 1,500

 1,355 

 

Perpetual

12.2.27

16

UBS Group AG

CH1160680174

16.2.22

CHF 265

 276 

 

Perpetual

16.2.27

17

UBS Group AG, Switzerland, or employing subsidiaries3

 

18.2.22

USD 454

 454 

 

Perpetual

1.3.27

Total high-trigger loss-absorbing additional tier 1 capital

 

 

 

 11,675 

 

 

 

1

UBS Group AG

CH0271428333

19.2.15

USD 1,250

 1,189 

 

Perpetual

19.2.25

Total low-trigger loss-absorbing additional tier 1 capital5

 

 

 

 1,189 

 

 

 

Total additional tier 1 capital

 

 

 

 12,864 

 

 

 

 

 

 

 

 

 

 

 

 

Tier 2 capital

 

 

 

 

 

 

 

1

UBS AG

CH0244100266

15.5.14

USD 2,500

 

 2,422 

15.5.24

 

Total low-trigger loss-absorbing tier 2 capital

 

 

 

 

 2,422 

 

 

1

UBS AG, Stamford branch

US870836AC77

21.7.95

USD 251

 

 253 

15.7.25

 

2

UBS AG, Jersey branch

XS0062270581

18.12.95

GBP 61

 

 74 

18.12.25

 

3

UBS AG, Stamford branch

US870845AC84

3.9.96

USD 218

 

 209 

1.9.26

 

Total non-Basel III-compliant tier 2 capital6

 

 

 

 

 536 

 

 

Total tier 2 capital

 

 

 

 

 2,958 

 

 

 

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

2

 

 

Capital instruments and TLAC-eligible senior unsecured debt as of 31 December 20221

USD m, except where indicated

 

 

 

Swiss SRB

 

 

 

 

 

 

 

Going concern

Gone concern2

 

 

No.

Issuer

ISIN

Issue date

Outstanding amount as of 31.12.22 (m)

Amount recognized

in regulatory capital

as of 31.12.22

Amount eligible for

the gone concern requirement

as of 31.12.22

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

 

 2,338 

24.9.25

 

2

UBS Group AG

CH0310451858

22.2.16

CHF 150

 

 153 

23.2.26

 

3

UBS Group AG

CH0314209351

4.3.16

EUR 750

 

 776 

4.3.24

 

4

UBS Group AG

144A: US90351DAF42

RegS: USG91703AK72

5.4.16

USD 2,000

 

 1,837 

15.4.26

 

5

UBS Group AG

CH0336602930

1.9.16

EUR 1,250

 

 1,206 

1.9.26

1.6.26

6

UBS Group AG

CH0341440334

30.11.16

EUR 1,250

 

 1,303 

30.11.24

30.11.23

7

UBS Group AG

144A: US90352JAC71

RegS: USH4209UAC02

23.3.17

USD 2,000

 

 1,880 

23.3.28

23.3.27

8

UBS Group AG

CH0365501516

18.5.17

CHF 400

 

 416 

18.5.24

18.5.23

9

UBS Group AG

CH0409606354

17.4.18

EUR 1,750

 

 1,807 

17.4.25

17.4.24

10

UBS Group AG

CH0445624999

9.11.18

JPY 20,000

 

 150 

9.11.28

9.11.27

11

UBS Group AG

CH0445624981

9.11.18

JPY 130,000

 

 991 

8.11.24

8.11.23

12

UBS Group AG

CH0459297435

30.1.19

CHF 400

 

 423 

30.1.25

30.1.24

13

UBS Group AG

144A: US902613AA61

RegS: USH42097AZ05

13.8.19

USD 1,500

 

 1,303 

13.8.30

13.8.29

14

UBS Group AG

CH0506668844

4.11.19

USD 157.57

 

 1098

4.11.49

4.11.22

15

UBS Group AG

CH0520042489

29.1.20

EUR 1,500

 

 1,490 

29.1.26

29.1.25

16

UBS Group AG

CH0521617321

4.3.20

USD 132.67

 

 938

4.3.50

4.3.25

17

UBS Group AG

CH0535271214

14.4.20

USD 222.47

 

 1318

14.4.50

14.4.25

18

UBS Group AG

CH0547243250

22.5.20

USD 109.47

 

 628

22.5.50

22.5.25

19

UBS Group AG

CH0543827189

27.5.20

USD 546.67

 

 3148

27.5.50

27.5.25

20

UBS Group AG

144A: US902613AB45

RegS: USH42097BS52

30.7.20

USD 1,300

 

 1,238 

30.7.24

30.7.23

21

UBS Group AG

144A: US902613AC28

RegS: USH42097BT36

30.7.20

USD 1,300

 

 1,156 

30.1.27

30.1.26

22

UBS Group AG

CH0558521271

18.8.20

AUD 38.27

 

 168

18.8.35

18.8.30

23

UBS Group AG

CH0561923860

22.9.20

USD 58.67

 

 348

22.9.50

22.9.23

24

UBS Group AG

CH0576402181

5.11.20

EUR 1,500

 

 1,340 

5.11.28

5.11.27

25

UBS Group AG

CH0579132942

24.11.20

USD 40

 

 298

24.11.35

24.11.23

26

UBS Group AG

CH0581183594

3.12.20

AUD 45

 

 208

3.12.35

3.12.23

27

UBS Group AG

CH0587372951

12.1.21

USD 105.47

 

 678

12.1.51

12.1.26

28

UBS Group AG

CH0588488863

29.1.21

USD 347.97

 

 2278

29.1.51

29.1.26

29

UBS Group AG

144A: US902613AE83

RegS: USH42097CC91

11.2.21

USD 2,000

 

 1,607 

11.2.32

11.2.31

30

UBS Group AG

CH0595205524

24.2.21

EUR 1,000

 

 893 

24.2.28

 

31

UBS Group AG

CH0595205532

24.2.21

EUR 1,250

 

 968 

24.2.33

 

32

UBS Group AG

CH0598928718

24.2.21

CHF 360

 

 337 

24.8.29

24.8.28

33

UBS Group AG

US902613AF58

25.2.21

USD 25

 

 198

25.2.36

25.2.24

 

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

3

 

 

Capital instruments and TLAC-eligible senior unsecured debt as of 31 December 20221

USD m, except where indicated

 

 

 

Swiss SRB

 

 

 

 

 

 

 

Going concern

Gone concern2

 

 

No.

Issuer

ISIN

Issue date

Outstanding amount as of 31.12.22 (m)

Amount recognized

in regulatory capital

as of 31.12.22

Amount eligible for

the gone concern requirement

as of 31.12.22

Maturity date

First optional call date

34

UBS Group AG

CH0595205490

26.2.21

USD 179.57

 

 1228

26.2.51

26.2.26

35

UBS Group AG

CH0595205508

26.2.21

AUD 95.07

 

 438

26.2.51

26.2.26

36

UBS Group AG

CH0598928734

4.3.21

USD 40

 

 328

4.3.36

4.3.24

37

UBS Group AG

CH1112455774

26.5.21

USD 280.07

 

 2028

26.5.51

26.5.26

38

UBS Group AG

144A: US902613AH15

RegS: USH42097CM73

10.8.21

USD 2,000

 

 1,768 

10.8.27

10.8.26

39

UBS Group AG

CH1142231682

3.11.21

EUR 1,250

 

 1,210 

3.11.26

3.11.25

40

UBS Group AG

CH1142231690

3.11.21

EUR 1,250

 

 1,030 

3.11.31

 

41

UBS Group AG

CH1142231708

3.11.21

GBP 400

 

 405 

3.11.29

3.11.28

42

UBS Group AG

CH1145096165

9.11.21

CHF 440

 

 472 

9.11.28

9.11.27

43

UBS Group AG

144A: US902613AK44

RegS: USH42097CT27

11.1.22

USD 1,500

 

 1,234 

11.2.33

11.2.32

44

UBS Group AG

144A: US902613AL27

RegS: USH42097CU99

11.1.22

USD 1,500

 

 1,107 

11.2.43

11.2.42

45

UBS Group AG

CH1168499791

21.3.22

EUR 1,500

 

 1,602 

21.3.25

21.3.24

46

UBS Group AG

CH1175016083

25.3.22

AUD 36.27

 

 208

25.3.32

25.3.25

47

UBS Group AG

CH1167887269

29.3.22

USD 82.47

 

 558

29.3.47

29.3.27

48

UBS Group AG

144A: US902613AM00

RegS: USH42097CZ86

12.5.22

USD 1,200

 

 1,161 

12.5.26

12.5.25

49

UBS Group AG

144A: US902613AN82

RegS: USH42097DA27

12.5.22

USD 600

 

 600 

12.5.26

12.5.25

50

UBS Group AG

144A: US902613AP31

RegS: USH42097DB00

12.5.22

USD 1,200

 

 1,150 

12.5.28

12.5.27

51

UBS Group AG

CH1182086871

16.5.22

EUR 45

 

 428

16.5.37

16.5.27

52

UBS Group AG

CH1187520452

18.5.22

AUD 57.07

 

 338

18.5.37

18.5.25

53

UBS Group AG

CH1194000340

15.6.22

EUR 1,000

 

 1,011 

15.6.27

15.6.26

54

UBS Group AG

CH1194000357

15.6.22

EUR 1,000

 

 983 

15.6.30

15.6.29

55

UBS Group AG

CH1195555425

22.6.22

EUR 25

 

 238

22.6.42

22.6.29

56

UBS Group AG

144A: US902613AR96

RegS: USH42097DJ36

5.8.22

USD 1,750

 

 1,700 

5.8.25

5.8.24

57

UBS Group AG

144A: US902613AS79

RegS: USH42097DK09

5.8.22

USD 1,750

 

 1,674 

5.8.27

5.8.26

58

UBS Group AG

144A: US902613AT52

RegS: USH42097DL81

5.8.22

USD 1,500

 

 1,358 

5.8.33

5.8.32

59

UBS Group AG

CH1204175116

16.8.22

EUR 30.47

 

 258

16.8.52

16.8.32

60

UBS Group AG

CH1210198151

8.9.22

EUR 37

 

 348

8.9.42

8.9.32

61

UBS Group AG

CH1212189141

15.9.22

EUR 120

 

 1158

15.9.37

15.9.34

62

UBS Group AG

CH1213243889

21.9.22

EUR 30

 

 298

21.9.32

21.9.27

63

UBS Group AG

CH1213243905

28.9.22

JPY 10,000

 

 638

28.9.42

 

Total TLAC-eligible senior unsecured debt

 

 

 

 

 44,033 

 

 

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 On 5 December 2022 we announced that we intend to redeem the instrument on 31 January 2023, the first call date. This instrument ceased to be eligible as additional tier 1 capital when the call was announced.    5 An outstanding low-trigger loss-absorbing additional tier 1 (AT1) capital instrument is available under the Swiss SRB framework to meet the going concern requirements until its first call date. As of the first call date, this instrument is eligible to meet the gone concern requirements.    6 Non-Basel III-compliant tier 2 capital instruments qualify as gone concern instruments.    7 Information corresponds to the Amortized Face Amount as of 31 December 2022 and therefore includes the applicable accrual yield and, if applicable, the issue price discount, with the numbers being rounded to one decimal place.    8 The eligible amounts presented are adjusted for own-credit-related gains / losses.

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

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 most recent Annual Report 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.

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

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 Campi

Title:    Executive Director

 

 

 

Date:  January 31, 2023