MLPB 6-K, filed Jan 21, 2020, 0001610520-20-000007

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

_________________

FORM 6-K

REPORT OF FOREIGN PRIVATE ISSUER

PURSUANT TO RULE 13a-16 OR 15d-16 UNDER

THE SECURITIES EXCHANGE ACT OF 1934

Date: January 21, 2020

UBS Group AG

Commission File Number: 1-36764

UBS AG

Commission File Number: 1-15060

(Registrants' Names)

Bahnhofstrasse 45, Zurich, Switzerland, and

Aeschenvorstadt 1, Basel, Switzerland

(Address of principal executive offices)

Indicate by check mark whether the registrants file or will file annual reports under cover of Form 20‑F or Form 40-F.

Form 20-F x Form 40-F o

This Form 6-K consists of the 4Q19 UBS Group AG (consolidated) capital instruments and TLAC-eligible senior unsecured debt information, published today by the registrants, which appears immediately following this page.

UBS Group AG consolidated capital instruments and TLAC-eligible senior unsecured debt

Fourth quarter 2019

This document provides information about the treatment of capital instruments and other instruments contributing to the total loss-absorbing capacity (TLAC) of UBS Group AG consolidated under the Swiss SRB framework as of 31 December 2019.

Information on the Swiss SRB capital framework and on Swiss SRB going and gone concern requirements that have been phased in until the end of 2019 is provided in the “Capital management” section of our Annual Report 2018, available under “Annual reporting” at www.ubs.com/investors .

Capital instruments and TLAC-eligible senior unsecured debt as of 31 December 2019^1^
millions, except where indicated		****	****			Swiss SRB as of 1.1.20		****	****
****	****	****	****		Gone concern^2^	Going concern	Gone concern^2^	****	****
No.	Issuer	ISIN	Issue date	Outstanding amount as of 31.12.19	Amount eligible for<br><br> <br>the gone concern requirement<br><br> <br>as of 31.12.19	Amount recognized<br><br> <br>in regulatory capital<br><br> <br>as of 31.12.19	Amount eligible for<br><br> <br>the gone concern requirement<br><br> <br>as of 31.12.19	Maturity date	First optional call date
Additional tier 1 capital		****	****		****	****	****	****	****
1	UBS Group AG^3^	CH0271428317	19.02.15	1,250	****	1,249	****	Perpetual	19.02.20
2	UBS Group AG, Switzerland, or employing subsidiaries^4^		31.12.14	412	****	412	****	Perpetual	01.03.20
3	UBS Group AG, Switzerland, or employing subsidiaries^4^		31.12.15	449	****	449	****	Perpetual	01.03.21
4	UBS Group AG^3^	CH0317921697	21.03.16	1,500	****	1,488	****	Perpetual	22.03.21
5	UBS Group AG^3^	CH0331455318	10.08.16	1,100	****	1,088	****	Perpetual	10.08.21
6	UBS Group AG, Switzerland, or employing subsidiaries^4^		31.12.16	357	****	357	****	Perpetual	01.03.22
7	UBS Group AG^3^	CH0400441280	31.01.18	2,000	****	2,041	****	Perpetual	31.01.23
8	UBS Group AG, Switzerland, or employing subsidiaries^4^		31.12.17	355	****	355	****	Perpetual	01.03.23
9	UBS Group AG^3^	CH0447353704	28.11.18	SGD 700	****	535	****	Perpetual	28.11.23
10	UBS Group AG^3^	144A: US90352JAF03<br><br> <br>RegS: USH4209UAT37	31.01.19	2,500	****	2,587	****	Perpetual	31.01.24
11	UBS Group AG, Switzerland, or employing subsidiaries^4^		31.12.18	389	****	389	****	Perpetual	01.03.24
12	UBS Group AG	CH0488506673	27.08.19	AUD 700	****	482	****	Perpetual	27.08.24
13	UBS Group AG	CH0495570928	04.09.19	SGD 750	****	556	****	Perpetual	04.09.24
14	UBS Group AG^3^	CH0286864027	07.08.15	1,575	****	1,622	****	Perpetual	07.08.25
15	UBS Group AG	CH0506668869	13.11.19	CHF 275	****	282	****	Perpetual	13.11.25
Total high-trigger loss-absorbing additional tier 1 capital		****	****		****	13,892	****	****	****
1	UBS Group AG^3^	CH0271428309	19.02.15	1,000	****	1,140	****	Perpetual	19.02.22
2	UBS Group AG^3^	CH0271428333	19.02.15	1,250	****	1,273	****	Perpetual	19.02.25
Total low-trigger loss-absorbing additional tier 1 capital^5^		****	****		****	2,414	****	****	****
Total additional tier 1 capital		****	****		****	16,306	****	****	****
Tier 2 capital		****	****		****	****	****	****	****
1	UBS AG, Stamford branch	US90261AAB89	17.08.12	2,000	1,204	****	2,007	17.08.22
2	UBS AG	CH0244100266	15.05.14	2,500	519	****	2,597	15.05.24
3	UBS AG	CH0236733827	13.02.14	2,000	****	****	2,288	12.02.26	12.02.21
Total low-trigger loss-absorbing tier 2 capital^6^		****	****		1,724	****	6,892	****	****
1	UBS AG, New York branch	US870836AC77	21.07.95	251	252	****	252	15.07.25
2	UBS AG, Jersey branch	XS0062270581	18.12.95	61	81	****	81	18.12.25
3	UBS AG, New York branch	US870845AC84	03.09.96	218	206	****	206	01.09.26
Total non-Basel III-compliant tier 2 capital^7^		****	****		540	****	540	****	****
Total tier 2 capital		****	****		2,263	****	7,431	****	****

All values are in US Dollars.

Capital instruments and TLAC-eligible senior unsecured debt as of 31 December 2019^1^
millions, except where indicated		****	****			Swiss SRB as of 1.1.20		****	****
****	****	****	****		Gone concern^2^	Going concern	Gone concern^2^	****	****
No.	Issuer	ISIN	Issue date	Outstanding amount as of 31.12.19	Amount eligible for<br><br> <br>the gone concern requirement<br><br> <br>as of 31.12.19	Amount recognized<br><br> <br>in regulatory capital<br><br> <br>as of 31.12.19	Amount eligible for<br><br> <br>the gone concern requirement<br><br> <br>as of 31.12.19	Maturity date	First optional call date
TLAC-eligible senior unsecured debt		****	****		****	****	****	****	****
1	UBS Group AG^3^	144A: US90351DAA54<br><br> <br>RegS: USG91703AA90	24.09.15	1,500	****	****	****	24.09.20
2	UBS Group AG^3^	144A: US90351DAC11<br><br> <br>RegS: USG91703AC56	24.09.15	300	****	****	****	24.09.20
3	UBS Group AG^3^	144A: US90351DAE76<br><br> <br>RegS: USG91703AJ00	05.04.16	1,000	500	****	500	14.04.21
4	UBS Group AG^3^	144A: US90351DAD93<br><br> <br>RegS: USG91703AH44	05.04.16	2,000	972	****	972	15.04.21
5	UBS Group AG^3^	144A: US90351DAG25<br><br> <br>RegS: USG91703AL55	10.08.16	500	500	****	500	01.02.22
6	UBS Group AG^3^	144A: US90351DAH08<br><br> <br>RegS: USG91703AM39	10.08.16	2,000	1,976	****	1,976	01.02.22
7	UBS Group AG^3^	CH0310451841	22.02.16	CHF 300	312	****	312	22.02.22
8	UBS Group AG^3^	CH0359915425	20.03.17	1,750	1,962	****	1,962	20.09.22	20.09.21
9	UBS Group AG^3^	CH0302790123	16.11.15	1,250	1,432	****	1,432	16.11.22
10	UBS Group AG^3^	144A: US90352JAA16<br><br> <br>RegS: USH4209UAA46	23.03.17	2,000	1,999	****	1,999	23.05.23	23.05.22
11	UBS Group AG^3^	144A: US90352JAB98<br><br> <br>RegS: USH4209UAB29	23.03.17	1,000	1,001	****	1,001	23.05.23	23.05.22
12	UBS Group AG^3^	144A: US90352JAE38<br><br> <br>RegS: USH4209UAG16	15.08.17	2,000	2,009	****	2,009	15.08.23	15.08.22
13	UBS Group AG^3^	144A: US90352JAD54<br><br> <br>RegS: USH4209UAF33	15.08.17	1,250	1,248	****	1,248	15.08.23	15.08.22
14	UBS Group AG^3^	CH0314209351	04.03.16	750	843	****	843	04.03.24
15	UBS Group AG^3^	CH0365501516	18.05.17	CHF 400	420	****	420	18.05.24	18.05.23
16	UBS Group AG^3^	CH0445624981	09.11.18	130,000	1,199	****	1,199	08.11.24	08.11.23
17	UBS Group AG^3^	CH0341440334	30.11.16	1,250	1,427	****	1,427	30.11.24	30.11.23
18	UBS Group AG^3^	CH0459297435	30.01.19	CHF 400	410	****	410	30.01.25	30.01.24
19	UBS Group AG^3^	CH0409606354	17.04.18	1,750	2,017	****	2,017	17.04.25	17.04.24
20	UBS Group AG^3^	144A: US90351DAB38<br><br> <br>RegS: USG91703AB73	24.09.15	2,500	2,563	****	2,563	24.09.25
21	UBS Group AG^3^	CH0310451858	22.02.16	CHF 150	155	****	155	23.02.26
22	UBS Group AG^3^	144A: US90351DAF42<br><br> <br>RegS: USG91703AK72	05.04.16	2,000	1,990	****	1,990	15.04.26
23	UBS Group AG^3^	CH0336602930	01.09.16	1,250	1,420	****	1,420	01.09.26	01.06.26
24	UBS Group AG^3^	144A: US90352JAC71<br><br> <br>RegS: USH4209UAC02	23.03.17	2,000	2,091	****	2,091	23.03.28	23.03.27

All values are in US Dollars.

Capital instruments and TLAC-eligible senior unsecured debt as of 31 December 2019^1^
millions, except where indicated		****	****			Swiss SRB as of 1.1.20		****	****
****	****	****	****		Gone concern^2^	Going concern	Gone concern^2^	****	****
No.	Issuer	ISIN	Issue date	Outstanding amount as of 31.12.19	Amount eligible for<br><br> <br>the gone concern requirement<br><br> <br>as of 31.12.19	Amount recognized<br><br> <br>in regulatory capital<br><br> <br>as of 31.12.19	Amount eligible for<br><br> <br>the gone concern requirement<br><br> <br>as of 31.12.19	Maturity date	First optional call date
25	UBS Group AG^3^	CH0445624999	09.11.18	20,000	186	****	186	09.11.28	09.11.27
26	UBS Group AG	144A: US902613AA61<br><br> <br>RegS: USH42097AZ05	13.08.19	1,500	1,471	****	1,471	13.08.30	13.08.29
27	UBS Group AG	CH0506668844	04.11.19	140.88	146	****	146	04.11.49	04.11.22
28	UBS Group AG	CH0508236566	18.11.19	AUD 100	71	****	71	18.11.34	18.11.20
Total TLAC-eligible senior unsecured debt		****	****		30,322	****	30,322	****	****
1 Refer to “Capital and total loss-absorbing capacity<br> instruments” under “Bondholder information” at www.ubs.com/investors for more<br> information on the key features and the terms and conditions of the capital<br> instruments included in the above table. Instruments are listed according to<br> their maturity or optional call date. 2 Instruments available to meet<br> gone concern requirements are eligible until one year before maturity, with a<br> haircut of 50% applied in the last year of eligibility. Under the revised<br> Capital Adequacy Ordinance issued in November 2019, the 50% haircut is no<br> longer applied; refer to “Regulatory and legal developments” in the “Recent<br> developments” section of the UBS Group AG fourth quarter 2019 report for more<br> information. 3 The instruments issued by UBS Group Funding<br> (Switzerland) AG (including the instruments originally issued by UBS Group<br> AG, Switzerland and transferred in May 2018 to UBS Group Funding<br> (Switzerland) AG) as well as the TLAC issued by UBS Group Funding<br> (Switzerland) AG were transferred to UBS Group AG as the issuer on 11 October<br> 2019. 4 Relates to deferred contingent capital plan (DCCP) awards. <br> 5 Outstanding low-trigger loss-absorbing additional tier 1 capital<br> instruments are available under the transitional rules of the Swiss SRB<br> framework to meet the going concern requirements until their first call date,<br> even if the first call date is after 31 December 2019. As of their first call<br> date, these instruments are eligible to meet the gone concern<br> requirements. 6 Outstanding low-trigger loss-absorbing tier 2 capital<br> instruments are available under the transitional rules of the Swiss SRB<br> framework to meet the going concern requirements until the earlier of (i) their<br> maturity or first call date or (ii) 31 December 2019, and to meet gone<br> concern requirements thereafter. Outstanding low-trigger loss-absorbing tier<br> 2 capital instruments are subject to amortization starting five years prior<br> to their maturity, with the amortized portion qualifying as gone concern<br> loss-absorbing capacity. 7 Non-Basel III-compliant tier 2 capital<br> instruments qualify as gone concern instruments. 8 Information corresponds<br> to the amortized face amount as of 31 December 2019, and therefore includes<br> the applicable accrual yield.

All values are in Japanese Yen.

Notice to investors | This document and the information contained herein are provided solely for information purposes, and are not to be construed as solicitation of an offer to buy or sell any securities or other financial instruments in Switzerland, the United States or any other jurisdiction. No investment decision relating to securities of or relating to UBS Group AG, UBS AG or their affiliates should be made on the basis of this document. Refer to UBS’s fourth quarter 2019 report and its Annual Report 2018 for additional information. These reports are available at www.ubs.com/investors.

Rounding | Numbers presented throughout this report may not add up precisely to the totals provided in the tables and text. Percentages, percent changes, and adjusted results are calculated on the basis of unrounded figures. Information about absolute changes between reporting periods, which is provided in text and which can be derived from figures displayed in the tables, is calculated on a rounded basis.

Tables | Within tables, blank fields generally indicate that the field is not applicable or not meaningful, or that information is not available as of the relevant date or for the relevant period. Zero values generally indicate that the respective figure is zero on an actual or rounded basis. Percentage changes are presented as a mathematical calculation of the change between periods.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrants have duly caused this report to be signed on their behalf by the undersigned, thereunto duly authorized.

UBS Group AG

By: _/s/ David Kelly_____________

Name: David Kelly

Title: Managing Director

By: _/s/ Ella Campi _____

Name: Ella Campi

Title: Executive Director

UBS AG

By: _/s/ David Kelly_____________

Name: David Kelly

Title: Managing Director

By: _/s/ Ella Campi _____

Name: Ella Campi

Title: Executive Director

Date: January 21, 2020

Ubs AG 6-K, filed Jan 21, 2020

About this 6-K