| Add to balance / Manage account | User: | Log out |
| Prospect News home > News index > List of issuers M > Headlines for MSCI EAFE index > News item |
UBS to price capped leveraged buffered notes linked to MSCI EAFE
By Marisa Wong
Madison, Wis., April 17 – UBS AG, London Branch plans to price 0% capped leveraged buffered notes linked to the MSCI EAFE index, according to a 424B2 filing with the Securities and Exchange Commission.
The notes are expected to mature between 21 and 24 months after pricing.
The payout at maturity will be par plus 1.5 times any index gain, subject to the maximum settlement amount, which is expected to be $1,166.50 to $1,195 for each $1,000 principal amount. The exact upside participation rate and cap will be set at pricing.
Investors will receive par if the index falls by up to 10% and will lose 1.1111% for every 1% decline beyond the 10% buffer.
The exact terms will be set at pricing.
UBS Securities LLC is the underwriter.
The notes are expected to price on April 21.
The Cusip number is 90270KEM7.
© 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.