New Issue: UBS prices $100,000 trigger return optimization securities linked to JPMorgan Chase

New York, March 18 – UBS AG, London Branch priced $100,000 of trigger return optimization securities due March 23, 2021 linked to the common stock of JPMorgan Chase & Co., according to a 424B2 filing with the Securities and Exchange Commission.

If JPMorgan Chase stock closes at or above the initial price, the payout at maturity will be par plus 1.5 times any gain in common stock of JPMorgan Chase capped at 39.52%.

Investors will share in any losses.

UBS Financial Services Inc. and UBS Investment Bank are the underwriters.

Issuer:	UBS AG, London Branch
Issue:	Trigger return optimization securities
Underlying stock:	JPMorgan Chase & Co. (NYSE: JPM)
Amount:	$100,000
Maturity:	March 23, 2021
Coupon:	0%
Price:	Par of $10
Payout at maturity:	Par plus 1.5 times any gain in common stock of JPMorgan Chase, capped at 39.52%; otherwise, exposure to any losses
Initial share price:	$83.89
Pricing date:	March 18
Settlement date:	March 20
Underwriters:	UBS Financial Services Inc. and UBS Investment Bank
Fees:	2%
Cusip:	90289E227

© 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.