| Add to balance / Manage account | User: | Log out |
| Prospect News home > News index > List of issuers U > Headlines for UBS AG > News item |
UBS to price 15 offerings of 0% performance securities linked to three currencies against the dollar
By E. Janene Geiss
Philadelphia, Aug. 28 - UBS AG plans to price 15 separate note offerings of 0% performance securities due with maturity dates from Aug. 29, 2011 through Sept. 23, 2011 linked to a currency basket, according to an FWP filing with the Securities and Exchange Commission.
The basket consists of the Australian dollar with a 33.34% weight, the Canadian dollar with a 33.33% weight and the Brazilian real with a 33.33% weight.
If the U.S. dollar depreciates against the basket, the payout will be par of $10 plus 470% to 520% of any basket gain. The exact participation rate will be set at pricing.
Investors are fully exposed to any appreciation of the U.S. dollar versus the basket.
The notes due on Aug. 29, 2011 will price on Aug. 28 and settle on Sept. 2.
The notes due on Sept. 2, 2011 will price on Aug. 31 and settle on Sept. 3.
The notes due on Sept. 6, 2011 will price on Sept. 1 and settle on Sept. 4.
The notes due on Sept. 8, 2011 will price on Sept. 2 and settle on Sept. 8.
The notes due on Sept. 12, 2011 will price on Sept. 4 and settle on Sept. 10
The notes due on Sept. 12, 2011 will price Sept. 8 and settle on Sept. 11.
The notes due on Sept. 14, 2011 will price on Sept. 9 and settle on Sept. 14.
The notes due on Sept. 15, 2011 will price on Sept. 10 and settle on Sept. 15.
The notes due on Sept. 16, 2011 will price on Sept. 11 and settle on Sept. 16.
The notes due on Sept. 16, 2011 will price on Sept. 14 and settle on Sept. 17.
The notes due on Sept. 19, 2011 will price on Sept. 15 and settle on Sept. 18.
The notes due on Sept. 21, 2011 will price on Sept. 16 and settle on Sept. 21.
The notes due on Sept. 22, 2011 will price on Sept. 17 and settle on Sept. 22.
The notes due on Sept. 23, 2011 will price on Sept. 18 and settle on Sept. 23.
UBS Financial Services Inc. and UBS Investment Bank will be the underwriters.
© 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.