UBS will redeem EUR 1.5 billion in floating rate senior callable notes issued by Credit Suisse early, on January 16, 2025, instead of the original maturity date in January 2026. This bond, with a 4.206% annual coupon, was last traded at 100.09% and had previously dropped below 65% during the CS crisis in March 2022. This marks UBS's second early repayment of Credit Suisse bonds, following the redemption of two bonds totaling $2 billion and £750 million in September.