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UBS plans to price trigger performance securities tied to Euro Stoxx
By Marisa Wong
Madison, Wis., April 1 - UBS AG, London Branch plans to price 0% trigger performance securities due April 30, 2019 linked to the Euro Stoxx 50 index, according to an FWP with the Securities and Exchange Commission.
If the index return is positive, the payout at maturity will be par of $10 plus 148% to 158% of the index return. Investors will receive par if the index declines by 40% or less and will be fully exposed to the index's decline from its initial level if it declines beyond 40%.
UBS Financial Services Inc. and UBS Investment Bank are the underwriters.
The notes will price on April 28 and settle on April 30.
The Cusip number is 90272V608.
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