UBS plans capped leveraged buffered notes linked to basket of indexes

By Marisa Wong

Morgantown, W.Va., Aug. 19 – UBS AG, London Branch plans to price 0% capped leveraged buffered notes linked to a basket of indexes, according to a 424B2 filing with the Securities and Exchange Commission.

The tenor of the notes is expected to be 20 to 23 months and will be set at pricing.

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 1.5 times the basket return, subject to a maximum settlement amount of $1,234.75 to $1,276 for each $1,000 principal amount of notes. Investors will receive par if the basket declines by 12.5% or less and will lose 1.1429% for every 1% that the basket declines beyond 12.5%.

UBS Securities LLC is the agent.

The Cusip number is 90270KGY9.

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