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 4/19/2018 in the Prospect News Structured Products Daily.

New Issue: UBS sells $2.09 million digital index-linked notes on Euro Stoxx 50

New York, April 19 – UBS AG, London Branch priced $2.09 million of 0% digital index-linked notes due Oct. 29, 2019 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index return is at least 90% of its initial level, the payout at maturity will be par plus 15.93%.

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 index-linked notes
Underlying index:Euro Stoxx 50
Amount:$2,091,000
Maturity:Oct. 29, 2019
Coupon:0%
Price:Par
Payout at maturity:If index return is at least 90% of its initial level, par plus 15.93%; 1.1111% loss for every 1% that index declines beyond 10%
Initial index level:3,477.91
Buffer level:3,130.119, 90% of initial level
Pricing date:April 17
Settlement date:April 24
Underwriter:UBS Securities LLC
Fees:0%
Cusip:90270KRD3

© 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.