New Issue: UBS sells $1.69 million capped leveraged notes tied to index basket

By Wendy Van Sickle

Columbus, Ohio, March 2 – UBS AG, London Branch priced $1.69 million of 0% capped leveraged notes due Jan. 24, 2024 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 an 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 $1,417 for each $1,000 principal amount.

Investors will lose 1% for each 1% decline from initial level.

UBS Securities LLC is the agent.

Issuer:	UBS AG, London Branch
Issue:	Capped leveraged notes
Underlying basket:	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:	$1,691,000
Maturity:	Jan. 24, 2024
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 300% of any basket gain up to maximum settlement amount of $1,417 for each $1,000 face amount; otherwise, full exposure to any basket decline
Initial index levels:	3,829.29 for Euro Stoxx, 1,857.58 for Topix, 7,207.38 for FTSE, 11,636.76 for Swiss Market and 6,990.627 for S&P/ASX
Pricing date:	Feb. 24
Settlement date:	March 3
Agent:	UBS Securities LLC
Fees:	0%
Cusip:	90279DZS8

© 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.