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UBS plans to price 0% return enhanced notes linked to Euro Stoxx 50
By Marisa Wong
Madison, Wis., June 25 - UBS AG, London Branch plans to price 0% return enhanced notes due July 5, 2018 linked to the Euro Stoxx 50 index, according to an FWP filing with the Securities and Exchange Commission.
The payout at maturity will be par plus 2.2 times any gain in the index.
Investors will be fully exposed to any losses.
The final index level will be the average of the closing index level on the five trading days ending June 29, 2018.
The notes (Cusip: 902674MU1) are expected to price on June 28 and settle on July 3.
UBS Investment Bank will be the underwriter with JPMorgan Chase Bank, NA and J.P. Morgan Securities LLC as agents.
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