Published on 7/22/2022 in the Prospect News Structured Products Daily.
New Issue: UBS prices $136,000 return optimization securities tied to Ford Motor
New York, July 22 – UBS AG, London Branch priced $136,000 of return optimization securities due July 25, 2024 linked to the common stock of Ford Motor Co., according to a 424B2 filing with the Securities and Exchange Commission.
If Ford Motor stock closes at or above the initial price, the payout at maturity will be par plus five times any gain in common stock of Ford Motor capped at 69.58%.
Investors will share in any losses.
UBS Financial Services Inc. and UBS Investment Bank are the underwriters.
Issuer: | UBS AG, London Branch
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Issue: | Return optimization securities
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Underlying stock: | Ford Motor Co. (NYSE: F)
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Amount: | $136,000
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Maturity: | July 25, 2024
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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 any gain in common stock of Ford Motor, capped at 69.58%; otherwise, exposure to any losses
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Initial share price: | $13.00
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Pricing date: | July 21
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Settlement date: | July 25
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Underwriters: | UBS Financial Services Inc. and UBS Investment Bank
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Fees: | 2%
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Cusip: | 90303P323
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