Published on 1/26/2021 in the Prospect News Structured Products Daily.
New Issue: UBS prices $100,000 buffered return optimization securities on FireEye
New York, Jan. 26 – UBS AG, London Branch priced $100,000 of buffered return optimization securities due Jan. 31, 2023 linked to FireEye, Inc. stock, according to a 424B2 filing with the Securities and Exchange Commission.
If FireEye stock closes at or above its initial price, the payout at maturity will be par plus two times any gain, capped at par plus 76.65%.
If FireEye 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: | FireEye, Inc. (Nasdaq: FEYE)
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| Amount: | $100,000
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| Maturity: | Jan. 31, 2023
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| Coupon: | 0%
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| Price: | Par of $10
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| Payout at maturity: | Par plus two times return of FireEye stock, capped at 76.65%; par if stock declines by up to 10%; exposure to losses beyond 10%
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| Initial share price: | $21.66
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| Pricing date: | Jan. 26
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| Settlement date: | Jan. 28
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| Agents: | UBS Financial Services Inc. and UBS Investment Bank
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| Fees: | 1%
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| Cusip: | 90282Y337
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