WASHINGTON UBS AG registered $2 billion in debt securities, according to a shelf registration statement released Friday by the Securities and Exchange Commission.
UBS said it will use proceeds from the sales to provide additional funds for its operations and for other general corporate purposes. Details of the securities in the offering will be provided in a supplemental prospectus, the filing said.
UBS said it intends to offer and sell the securities on a continuous basis to or through one or more underwriters, dealers and agents, including UBS Warburg LLC. UBS is a bank holding company for UBS Switzerland, UBS Asset Management and UBS Warburg.