On February 19, 2015, UBS Group AG, the new top holding company of UBS group, completed the inaugural issuance of USD 1.25 billion 7.125% Additional Tier 1 write down notes, USD 1.25 billion 7.00% Additional Tier 1 write-down notes and EUR 1.00 billion 5.75% Additional Tier 1 write-down notes.