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Published on 10/24/2017 in the Prospect News Structured Products Daily.

UBS plans leveraged notes linked to basket of five indexes

By Wendy Van Sickle

Columbus, Ohio, Oct. 24 – UBS AG plans to price 24- to 27-month 0% leveraged notes linked to a basket of indexes, according to a 424B2 filing with the Securities and Exchange Commission.

The exact maturity date will be set at pricing.

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 between 202% and 220% of any basket gain. The exact upside participation rate will be set at pricing.

Investors will lose 1% for each 1% decline.

UBS Securities LLC is the agent.

The Cusip is 90270KNU9.


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