Published on 9/18/2019 in the Prospect News Structured Products Daily.
New Issue: UBS prices $1.49 million buffered PLUS due 2021 tied to Euro Stoxx 50
By Sarah Lizee
Olympia, Wash., Sept. 18 – UBS AG, London Branch priced $1.49 million of 0% buffered Performance Leveraged Upside Securities due Oct. 5, 2021 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 double any index gain, capped at par plus 22.32%.
Investors will receive par if the index falls by up to 15% and will be fully exposed to any losses beyond the buffer.
UBS Securities LLC is the agent with distribution through Morgan Stanley Wealth Management.
Issuer: | UBS AG, London Branch
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Issue: | Buffered Performance Leveraged Upside Securities
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Underlying index: | Euro Stoxx 50 index
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Amount: | $1,485,000
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Maturity: | Oct. 5, 2021
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Coupon: | 0%
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Price: | Par
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Payout at maturity: | Par plus 2 times any index gain, capped at par plus 22.32%; par if index declines by up to 15%; 1% loss per 1% decline beyond 15%
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Initial value: | 3,550.11
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Pricing date: | Sept. 13
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Settlement date: | Sept. 18
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Agent: | UBS Securities LLC with Morgan Stanley Wealth Management as distributor
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Fees: | 2.5%
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Cusip: | 90281E233
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