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UBS calls two series of ETracs linked to oil, natural gas indexes
By Toni Weeks
San Luis Obispo, Calif., Jan. 13 - UBS AG will redeem two series of its exchange-traded access securities, according to a company news release and an FWP filing with the Securities and Exchange Commission.
The two series are the ETracs Oil Futures Contango exchange-traded notes due June 14, 2041 linked to the ISE Oil Futures Spread index (Cusip: 90267B815) and the ETracs Natural Gas Futures Contango ETNs due June 14, 2041 linked to the ISE Natural Gas Futures Spread index (Cusip: 90267B799).
The call settlement amount will be the current principal amount of the applicable series as of Jan. 17. Settlement will occur Jan. 23.
The International Securities Exchange, LLC will discontinue the calculation and publication of the levels of the ISE Oil Futures Spread index and the ISE Natural Gas Futures Spread index on Jan. 24, the filing stated.
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