| Add to balance / Manage account | User: | Log out |
| Prospect News home > News index > List of issuers F > Headlines for FTSE 100 index > News item |
UBS will price capped leverage buffered notes linked to index basket
By Wendy Van Sickle
Columbus, Ohio, May 11 – UBS AG, London Branch plans to price 25- to 28-month 0% capped leveraged buffered notes 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 37% weight, the FTSE 100 index with a 23% weight, the Topix index with a 23% weight, the Swiss Market index with a 9% weight and the S&P/ASX 200 index with an 8% weight.
If the basket return is positive, the payout at maturity will be par plus about 1.6 times the basket return, subject to a maximum settlement of between $1,240.00 and $1,281.60 per $1,000 principal amount.
If the basket falls by up to 20%, the payout at maturity will be par. Otherwise, investors will lose 1.25% for every 1% decline beyond the buffer.
UBS Securities LLC is the agent.
The notes will price on May 12.
The Cusip number is 90270KGR4.
© 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.