Published on 9/3/2020 in the Prospect News Structured Products Daily.
New Issue: UBS sells $1.03 million capped leveraged notes tied to index basket
By Sarah Lizee
Olympia, Wash., Sept. 3 – UBS AG, London Branch priced $1.03 million of 0% capped leveraged notes due Feb. 16, 2022 linked to a basket of indexes, according to a 424B2 filing with the Securities and Exchange Commission.
The basket consists of the Euro Stoxx 50 index with a 36% weight, the Topix index with a 29% weight, the FTSE 100 index with a 16% weight, the Swiss Market index with a 11% weight and the S&P/ASX 200 index with an 8% weight.
The payout at maturity will be par plus 300% of any basket gain up to a maximum settlement amount of $1,213 for each $1,000 principal amount.
Investors will be exposed to any basket decline.
UBS Securities LLC is the agent.
Issuer: | UBS AG, London Branch
|
Issue: | Capped leveraged notes
|
Underlying indexes: | Euro Stoxx 50 index (36% weight), Topix index (29% weight), FTSE 100 index (16% weight), Swiss Market index (11% weight) and S&P/ASX 200 index (8% weight)
|
Amount: | $1,033,000
|
Maturity: | Feb. 16, 2022
|
Coupon: | 0%
|
Price: | Par
|
Payout at maturity: | Par plus 300% of any basket gain up to maximum settlement amount of $1,213 for each $1,000 face amount; full exposure to basket decline
|
Initial index levels: | 3,272.51 for Euro Stoxx, 1,618.18 for Topix, 5,963.57 for FTSE, 10,135.56 for Swiss Market, 6,060.462 for S&P/ASX
|
Pricing date: | Aug. 31
|
Settlement date: | Sept. 8
|
Agent: | UBS Securities LLC
|
Fees: | None
|
Cusip: | 90276BGG2
|
|
|
© 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.