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Published on 7/17/2017 in the Prospect News Structured Products Daily.

New Issue: UBS prices $5.89 million digital notes linked to Euro Stoxx 50

By Angela McDaniels

Tacoma, Wash., July 17 – UBS AG, London Branch priced $5.89 million of 0% digital notes due Oct. 5, 2018 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the final index level is at least 90% of the initial index level, the payout at maturity will be $1,100 per $1,000 principal amount of notes. Otherwise, investors will lose 1.1111% for every 1% that the index declines beyond 10%.

UBS Securities LLC is the underwriter.

Issuer:UBS AG, London Branch
Issue:Digital notes
Underlying index:Euro Stoxx 50
Amount:$5,888,000
Maturity date:Oct. 5, 2018
Coupon:0%
Price:Par
Payout at maturity:If final index level is at least 90% of initial index level, $1,100 per $1,000 principal amount of notes; otherwise, 1.1111% loss for every 1% that index declines beyond 10%
Initial index level:3,527.83
Pricing date:July 13
Settlement date:July 20
Underwriter:UBS Securities LLC
Fees:None
Cusip:90270KLE7

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