Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers U > Headlines for UBS AG, London Branch > News item |
UBS plans jump securities linked to SPDR S&P Homebuilders fund
By Jennifer Chiou
New York, Feb. 6 - UBS AG, London Branch plans to price 0% jump securities due Aug. 30, 2013 linked to the SPDR S&P Homebuilders exchange-tradedfund, according to an FWP with the Securities and Exchange Commission.
If the fund finishes above its initial share price, the payout at maturity will be par plus the digital return of 8% to 12%. The exact return will be set at pricing.
Investors will be exposed to any losses.
The notes (Cusip: 90271B421) are expected to price on Feb. 27 and settle on March 4.
UBS Securities LLC is the agent.
© 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.