E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 7/2/2013 in the Prospect News Structured Products Daily.

New Issue: UBS prices $1.25 million return enhanced notes linked to Euro Stoxx 50

By Susanna Moon

Chicago, July 2 - UBS AG, London Branch priced $1.25 million of 0% return enhanced notes due July 5, 2018 linked to the Euro Stoxx 50 index, according to a 424B2 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 exposed to any losses.

UBS Investment Bank is the underwriter, and JPMorgan Chase Bank, NA and J.P. Morgan Securities LLC are the placement agents.

Issuer:UBS AG, London Branch
Issue:Return enhanced notes
Underlying index:Euro Stoxx 50
Amount:$1,245,000
Maturity:July 5, 2018
Coupon:0%
Price:Par
Payout at maturity:Par plus 2.2 times any index gain; full exposure to losses
Initial level:2,602.59
Pricing date:June 28
Settlement date:July 3
Underwriter:UBS Investment Bank, with JPMorgan Chase Bank, NA and J.P. Morgan Securities LLC as placement agents
Fees:3%
Cusip:902674MU1

© 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.