UBS to price seven-year trigger gears tied to Bloomberg Commodity

By Marisa Wong

Morgantown, W.Va., Nov. 20 – UBS AG, London Branch plans to price 0% trigger gears due Nov. 27, 2024 linked to the Bloomberg Commodity Index 3 Month Forward, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par of $10 plus 1.4 to 1.5 times any index gain.

Investors will receive par if the index falls by up to 30% and will be fully exposed to any losses if the index finishes below its 70% downside threshold.

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

The notes will price on Nov. 28.

The Cusip number is 90280X737.

© 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.