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UBS plans leveraged notes with 3x leverage, cap tied to five indexes
By Susanna Moon
Chicago, Oct. 21 – UBS AG, London Branch plans to price 0% capped leveraged notes due in 22 to 25 months linked to a basket of five indexes, according to an FWP filed with the Securities and Exchange Commission.
The basket consists of the Euro Stoxx 50 index with a 37% initial weight, the FTSE 100 index with a 23% initial weight, the Topix index with a 23% initial weight, the Swiss Market index with a 9% initial weight and the S&P/ASX 200 index with an 8% initial weight.
The payout at maturity will be par plus 300% of any basket gain, up to a maximum settlement amount of $1,396.00 to $1,465.60 per $1,000 of notes. The exact cap will be set at pricing.
Investors will be exposed to any losses.
UBS Securities LLC is the agent.
The Cusip number is 90270KHJ1.
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