As part of its strategic focus on institutional investors, Scope Ratings is offering credit ratings on a subscription basis only via its credit intelligence platform, ScopeOne.

Scope Ratings says the planned substitution of UBS Group AG by UBS Group Funding (Switzerland) AG as issuer of the outstanding AT1 securities would have no impact on the creditworthiness of the BBB-rated securities; UBS Group AG remains the guarantor.

Upgraded ratings – all now with Stable Outlook – reflect the resilience of the group’s current business model and reassuring credit metrics.

Scope Ratings has updated its rating report on UBS Group AG’s AT1 securities.

Outlook change reflects the successful reshaping of the group’s business model and reassuring credit metrics