E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 6/18/2018 in the Prospect News Structured Products Daily.

New Issue: UBS prices $8.83 million leveraged notes due 2021 linked to Stoxx 50

By Sarah Lizee

Olympia, Wash., June 18 – UBS AG, London Branch priced $8.83 million of 0% leveraged notes due June 16, 2021 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus 115.5% of any index gain.

If the index return is zero or negative, the payout will be par.

UBS Securities LLC is the agent.

Issuer:UBS AG, London Branch
Issue:Leveraged notes
Underlying index:Euro Stoxx 50
Amount:$8,825,000
Maturity:June 16, 2021
Coupon:0%
Price:Par
Payout at maturity:Par plus 115.5% of any index gain; par if index return is zero or negative
Initial level:3,479.56
Pricing date:June 13
Settlement date:June 20
Agent:UBS Securities LLC
Fees:2.67%
Cusip:90270KSF7

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.