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Government Of Singapore's UBS Convertible Notes To Become Shares - SEC Filing

SINGAPORE -(Dow Jones)- The Government of Singapore Investment Corp. will see CHF11 billion worth of UBS AG (UBSN.VX) notes being converted into shares on March 5, according to a Securities and Exchange Commission filing. The filing said GIC will convert the notes into 230.7 million ordinary shares of UBS, bringing GIC's stake in UBS to 6.6%. GIC held 9% of the Swiss bank through the convertible notes. A GIC spokeswoman declined to comment. UBS also declined comment. -By Costas Paris, Dow Jones Newswires; 65 6415 4151; costas.paris@dowjones.com

Stock News for Capital Protected No (GIC)
DateTimeHeadline
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