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DGAP-Adhoc: UBS AG: UBS plant Rückkauf ausstehender Anleihen (deutsch)

Veröffentlicht am 05.02.2013, 07:42
Aktualisiert 05.02.2013, 07:44
UBS AG: UBS plant Rückkauf ausstehender Anleihen

UBS AG / Schlagwort(e): Anleihe/Extra keyword

05.02.2013 07:42

Veröffentlichung einer Ad-hoc-Mitteilung nach § 15 WpHG, übermittelt durch

die DGAP - ein Unternehmen der EquityStory AG.

Für den Inhalt der Mitteilung ist der Emittent verantwortlich.

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5. Februar 2013



Medienmitteilung



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UBS plant Rückkauf ausstehender Anleihen



UBS bietet im Rahmen der im Oktober 2012 angekündigten beschleunigten

Implementierung der Strategie den Rückkauf bestimmter ausstehender Anleihen

im Gesamtwert von bis zu ungefähr CHF 5 Milliarden in bar an.



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Zürich/Basel, 5. Februar 2013 - Wie UBS AG heute bekannt gegeben hat, wird

die Bank ein Angebot zum Barrückkauf bestimmter, auf Euro und italienische

Lire lautender vorrangiger, unbesicherter Anleihen mit einem Kapitalwert

von insgesamt höchstens EUR 2,25 Milliarden und bestimmter, auf US-Dollar

lautender vorrangiger, unbesicherter Anleihen mit einem Kapitalwert von

insgesamt höchstens USD 2,5 Milliarden unterbreiten. Diese Angebote

entsprechen insgesamt zirka CHF 5 Milliarden auf der Basis der gestrigen

Devisenkurse und gelten vorbehaltlich einer Erhöhung und sonstiger in den

Kaufangeboten dargelegten Konditionen.

Nach Bekanntgabe der beschleunigten Umsetzung unserer Strategie im Oktober

2012 hatten wir unsere Bilanz verkürzt und die Finanzierungsbedürfnisse

entsprechend reduziert. Dadurch haben wir die Kapazität innerhalb unserer

Liquiditäts- und Finanzierungspositionen erhöht, um in der Lage zu sein,

diese Rückkaufangebote vorzulegen.

Unsere Massnahmen zur umsichtigen Steuerung der Zusammensetzung unserer

Verbindlichkeiten werden den Zinsaufwand künftig senken. Diese Massnahmen

könnten zu einer Verengung unserer Kreditspreads führen, und in der Folge

könnten im ersten Quartal signifikante Wertberichtigungen für eigene

Verbindlichkeiten notwendig werden.

Die Angebotsperiode für die Euro- und Lire-Anleihen endet am 19. Februar

2013, diejenige für die Dollar-Anleihen endet am 5. März 2013, mit einer

vorgezogenen Teilnahmemöglichkeit ab 19. Februar 2013. Die Bestimmungen

bezüglich einer möglichen Verlängerung, Neueröffnung, Änderung oder

Beendigung der Fristen sind den Kaufangeboten zu entnehmen.

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UBS AG



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OFFER AND DISTRIBUTION RESTRICTIONS

This announcement and the tender offer memoranda produced in connection

with the offers described therein (the 'Tender Offer Memoranda' and the

'Offers' respectively) do not constitute an offer or an invitation to

participate in the Offers in any jurisdiction in which, or to any person to

or from whom, it is unlawful to make such offer or invitation or for there

to be such participation under applicable laws. The distribution of this

announcement and the Tender Offer Memoranda in certain jurisdictions may be

restricted by law. Persons into whose possession this announcement and/or

the Tender Offer Memoranda come are required by each of UBS AG (the

'Offeror'), UBS Limited (the 'Dealer Manager') and Lucid Issuer Services

Limited (the 'Tender Agent') to inform themselves about and to observe any

such restrictions.

United States

The Offers for certain euro and Italian lira denominated securities (the

'European Offer') are not being made and will not be made, directly or

indirectly, in or into, or by use of the mails of, or by any means or

instrumentality of interstate or foreign commerce of, or of any facilities

of a national securities exchange of, the United States. This includes, but

is not limited to, facsimile transmission, electronic mail, telex,

telephone and the internet. The securities subject to the European Offer

may not be tendered in any Offer by any such use, means, instrumentality or

facility from or within the United States or by persons located or resident

in the United States. Accordingly, copies of this announcement, the Tender

Offer Memorandum for the European Offer and any other documents or

materials relating to the European Offer are not being, and must not be,

directly or indirectly, mailed or otherwise transmitted, distributed or

forwarded (including, without limitation, by custodians, nominees or

trustees) in or into the United States or to any persons located or

resident in the United States. Any purported tender of securities in an

Offer resulting directly or indirectly from a violation of these

restrictions will be invalid and any purported tender of securities made by

a person located or resident in the United States, or any agent, fiduciary

or other intermediary acting on a non-discretionary basis for a principal

giving instructions from within the United States will be invalid and will

not be accepted.

Each holder participating in the European Offer will be deemed to represent

that it is not located or resident in the United States and is not

participating in such European Offer from the United States or it is acting

on a non-discretionary basis for a principal located outside the United

States that is not giving an order to participate in such European Offer

from the United States. For the purposes of this and the above paragraph,

'United States' means the United States of America, its territories and

possessions, any state of the United States of America and the District of

Columbia.

United Kingdom

The communication of this announcement, the communication of the Tender

Offer Memoranda and any other documents or materials relating to the Offers

has not been approved by an authorised person for the purposes of section

21 of the Financial Services and Markets Act 2000 (the 'FSMA').

Accordingly, such documents and/or materials are not being distributed to,

and must not be passed on to, the general public in the United Kingdom. The

communication of such documents and/or materials is exempt from the

restriction on financial promotions under section 21(1) of the FSMA on the

basis that it is only directed at and may only be communicated to (1) those

persons who are existing members or creditors of the Offeror or other

persons within Article 43(2) of the Financial Services and Markets Act 2000

(Financial Promotion) Order 2005, and (2) any other persons to whom such

documents and/or materials may lawfully be communicated in circumstances in

which section 21(1) of the FSMA does not apply to the Offeror.

France

The Offers are not being made, directly or indirectly, to the public in

France. Neither this announcement, the Tender Offer Memoranda nor any other

documents or offering materials relating to the Offers, has been or shall

be distributed to the public in France and only (i) providers of investment

services relating to portfolio management for the account of third parties

(personnes fournissant le service d'investissement de gestion de

portefeuille pour compte de tiers) and/or (ii) qualified investors

(investisseurs qualifiés) acting for their own account, other than

individuals, all as defined in, and in accordance with, Articles L.411-1,

L.411-2 and D.411-1 of the French Code monétaire et financier, are eligible

to participate in the Offers. The Tender Offer Memoranda have not been

submitted to the clearance procedures (visa) of the Autorité des marchés

financiers.

Belgium

Neither this announcement, the Tender Offer Memoranda nor any other

documents or materials relating to the Offers have been submitted to or

will be submitted for approval or recognition to the Financial Services and

Markets Authority (Autorité des services et marchés financiers / Autoriteit

voor financiële diensten en markten) and, accordingly, the Offers may not

be made in Belgium by way of a public offering, as defined in Articles 3

and 6 of the Belgian Law of April 1, 2007 on public takeover bids as

amended or replaced from time to time. Accordingly, the Offers may not be

advertised and the Offers will not be extended, and neither this

announcement, the Tender Offer Memoranda nor any other documents or

materials relating to the Offers (including any memorandum, information

circular, brochure or any similar documents) has been or shall be

distributed or made available, directly or indirectly, to any person in

Belgium other than 'qualified investors' in the sense of Article 10 of the

Belgian Law of June 16, 2006 on the public offer of placement instruments

and the admission to trading of placement instruments on regulated markets,

acting on their own account. This announcement and the Tender Offer

Memoranda have been issued only for the personal use of the above qualified

investors and exclusively for the purpose of the Offers. Accordingly, the

information contained in this announcement and the Tender Offer Memoranda

may not be used for any other purpose or disclosed to any other person in

Belgium.

Italy

None of the Offers, this announcement, the Tender Offer Memoranda or any

other documents or materials relating to the Offers has been or will be

submitted to the clearance procedure of the Commissione Nazionale per le

Società e la Borsa ('CONSOB'), pursuant to applicable Italian laws and

regulations.

The Offers are being carried out in the Republic of Italy ('Italy') as an

exempted offer pursuant to article 101-bis, paragraph 3-bis of the

Legislative Decree No. 58 of 24 February 1998, as amended (the 'Financial

Services Act') and article 35-bis, paragraph 4 of CONSOB Regulation No.

11971 of 14 May 1999, as amended (the 'CONSOB Regulation'). The Offers are

also being carried out in compliance with article 35-bis, paragraph 7 of

the CONSOB Regulation.

Holders or beneficial owners of the securities located in Italy can offer

the securities through authorised persons (such as investment firms, banks

or financial intermediaries permitted to conduct such activities in Italy

in accordance with the Financial Services Act, CONSOB Regulation No. 16190

of 29 October 2007, as amended from time to time, and Legislative Decree

No. 385 of 1 September 1993, as amended) and in compliance with applicable

laws and regulations or with requirements imposed by CONSOB or any other

Italian authority.

Each intermediary must comply with the applicable laws and regulations

concerning information duties vis-à-vis its clients in connection with the

securities or the Offers.

Switzerland

Neither this announcement, the Tender Offer Memoranda nor any other

offering or marketing material relating to the securities constitutes a

prospectus as such term is understood pursuant to article 652a or article

1156 of the Swiss Federal Code of Obligations or a listing prospectus

within the meaning of the listing rules of the SIX Swiss Exchange.

Accordingly, the investor protection rules otherwise applicable to

investors in Switzerland do not apply to the Offers. When in doubt,

investors based in Switzerland are recommended to contact their legal,

financial or tax adviser with respect to the Offers.

Singapore

Neither this announcement, the Tender Offer Memoranda nor any other

documents or materials relating to the Offers has been or will be

registered as a prospectus with the Monetary Authority of Singapore. The

Offers do not constitute a public tender offer for the purchase of notes or

a public offering of securities in Singapore pursuant to Section 273(1)(e)

of the Securities and Futures Act (Chapter 289) of Singapore (the 'SFA').

Accordingly, the Offers are not being made, and the Tender Offer Memoranda

and any other documents or materials relating to the Offers are not to be

circulated or distributed, whether directly or indirectly, to persons

located or resident in Singapore other than to (i) an institutional

investor under Section 274 of the SFA, (ii) a relevant person as defined in

Section 275(1) of the SFA, or to any person as referred to in Section

275(1A) of the SFA, and in accordance with the conditions specified in

Section 275 of the SFA or (iii) otherwise pursuant to, and in accordance

with the conditions of, any other applicable provision of the SFA.

The People's Republic of China

This announcement and the Tender Offer Memoranda may not be circulated or

distributed in or into the People's Republic of China (the 'PRC') and the

Offers may not be made, directly or indirectly, to any resident of the PRC

except to the extent consistent with the applicable laws and regulations of

the PRC.

General

The Offers do not constitute an offer to buy or the solicitation of an

offer to sell securities in any circumstances in which such offer or

solicitation is unlawful. In those jurisdictions where the securities or

other laws require the Offers to be made by a licensed broker or dealer and

the Dealer Manager or, where the context so requires, any of its affiliates

is such a licensed broker or dealer in that jurisdiction, the Offers shall

be deemed to be made on behalf of the Offeror by the Dealer Manager or such

affiliate (as the case may be) in such jurisdiction.

In addition to the representations referred to above in respect of the

United States, each holder participating in an Offer will also be deemed to

give certain representations in respect of the other jurisdictions referred

to above and generally as set out in 'Procedures for Participating in the

Offers' in the Tender Offer Memoranda. Any tender of securities for

purchase pursuant to an Offer from a holder that is unable to make these

representations may be rejected. Each of the Offeror, the Dealer Manager

and the Tender Agent reserves the right, in their absolute discretion, to

investigate, in relation to any tender of securities for purchase pursuant

to an Offer, whether any such representation given by a holder is correct

and, if such investigation is undertaken and as a result the Offeror

determines (for any reason) that such representation is not correct, such

tender may be rejected.

Investor contact

Switzerland: +41-44-234 41 00

Media contact

Switzerland: +41-44-234 85 00

UK: +44-207-567 47 14

Americas: +1-212-882 58 57

APAC: +852-297-1 82 00

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News release available at www.ubs.com/media and www.ubs.com/investors.





www.ubs.com



°

05.02.2013 Die DGAP Distributionsservices umfassen gesetzliche

Meldepflichten, Corporate News/Finanznachrichten und Pressemitteilungen.

DGAP-Medienarchive unter www.dgap-medientreff.de und www.dgap.de

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Sprache: Deutsch

Unternehmen: UBS AG

Bahnhofstrasse 45

8001 Zürich

Schweiz

Telefon: +41 44 234 11 11

Fax:

E-Mail: info@ubs.com

Internet: www.ubs.com

ISIN: CH0024899483, CH0039913899

WKN: UB0BL6

Börsen: Freiverkehr in Berlin, Düsseldorf, Hamburg, München,

Stuttgart; Open Market in Frankfurt; SIX



Ende der Mitteilung DGAP News-Service



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