Moody’s upgraded UBS’s credit ratings

Moody’s raised UBS’s long-term deposit rating and its long-term senior unsecured debt rating.

Moody’s upgraded UBS AG’s long-term deposit rating from Aa3 to Aa2 and the long-term senior unsecured debt rating from A1 to Aa3. The outlooks of long-term deposits and senior unsecured debt notes were determined to be ‘stable’. Moody’s had taken UBS’s notes for a possible increase on April 5, 2018.