BRIEF-S&P Says Raised Our Long-Term Issuer Credit Rating On Credit Suisse Group AG To 'A-' From 'Bbb-'

* S&P - VARIOUS RATING ACTIONS TAKEN ON CREDIT SUISSE AND UBS GROUP ENTITIES AFTER MERGER COMPLETION

* S&P - RAISED OUR LONG-TERM ISSUER CREDIT RATING ON CREDIT SUISSE GROUP AG TO 'A-' FROM 'BBB-' * S&P - ASSESS CREDIT SUISSE'S RATED EUROPEAN AND U.S. OPERATING COMPANIES HIGHLY STRATEGIC TO UBS; THEREFORE UPGRADED ENTITIES TO 'A/A-1' FROM 'A-/A-2'

* S&P SAYS WITHDREW THE RATINGS ON CREDIT SUISSE GROUP AG'S RATED DEBT ISSUANCE PROGRAMS, EXCEPT THE SENIOR UNSECURED DEBT INSTRUMENTS * S&P - THE EXECUTION RISK FROM THE INTEGRATION AND RESTRUCTURING OF CREDIT SUISSE IS THE MAIN CONSIDERATION FOR OUR RATINGS ON UBS GROUP AG Source text: [https://bit.ly/43xvBxr] Further company coverage: