06:14 AM EDT, 06/02/2026 (MT Newswires) -- UBS (UBS) is set to raise at least $500 million in Additional Tier 1 bonds denominated in US dollars, Bloomberg reported Tuesday, citing a person familiar with the matter.

Bloomberg described the offering as UBS's first foray into the market since the bank's host Switzerland paused plans to tighten rules on the riskier bank debt.

The proposed offering would be first callable in late 2032 with a coupon of around 7.5%, the report said.

UBS did not immediately reply to MT Newswires' request for comment.

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