Published on 7/21/2022 in the Prospect News Structured Products Daily.
New Issue: UBS prices $100,000 buffered return optimization securities on FedEx
New York, July 21 – UBS AG, London Branch priced $100,000 of buffered return optimization securities due July 25, 2023 linked to FedEx Corp. stock, according to a 424B2 filing with the Securities and Exchange Commission.
If FedEx stock closes at or above its initial price, the payout at maturity will be par plus five times any gain, capped at par plus 18.73%.
If FedEx stock declines by up to 10%, the payout will be par. Investors will be exposed to any losses beyond 10%.
The agent is UBS Financial Services Inc. and UBS Investment Bank.
| Issuer: | UBS AG, London Branch
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| Issue: | Buffered return optimization securities
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| Underlying stock: | FedEx Corp. (NYSE: FDX)
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| Amount: | $100,000
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| Maturity: | July 25, 2023
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| Coupon: | 0%
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| Price: | Par of $10
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| Payout at maturity: | Par plus five times return of FedEx stock, capped at 18.73%; par if stock declines by up to 10%; exposure to losses beyond 10%
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| Initial share price: | $227.66
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| Pricing date: | July 20
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| Settlement date: | July 22
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| Agents: | UBS Financial Services Inc. and UBS Investment Bank
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| Fees: | 1%
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| Cusip: | 90303R600
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