Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers E > Headlines for Euro Stoxx 50 index > News item |
UBS to price market plus notes due 2014 linked to Euro Stoxx 50 index
By Toni Weeks
San Diego, Sept. 25 - UBS AG, London Branch plans to price 0% market plus notes due April 2, 2014 tied to the Euro Stoxx 50 index, according to an FWP filing with the Securities and Exchange Commission.
If the index finishes at or above the barrier level - 80% of the initial level - investors will receive the greater of the index return and the 6.8% contingent minimum return.
Otherwise, investors will be exposed to any losses.
The notes (Cusip: 902674LS7) are expected to price Sept. 28 and settle Oct. 3.
UBS Investment Bank is the underwriter. JPMorgan Chase Bank, NA and J.P. Morgan Securities LLC are the placement agents.
© 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.