Published on 4/13/2021 in the Prospect News Structured Products Daily.
New Issue: UBS prices $225,000 return optimization securities tied to Regions
By Marisa Wong
Los Angeles, April 13 – UBS AG, London Branch priced $225,000 of 0% return optimization securities due April 9, 2026 linked to the common stock of Regions Financial Corp., according to a 424B2 filing with the Securities and Exchange Commission.
If the stock finishes above its initial price, the payout at maturity will be par plus 5 times the gain, capped at par plus 93.13%.
Investors will share in any losses.
UBS Financial Services Inc. and UBS Investment Bank are the underwriters.
Issuer: | UBS AG, London Branch
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Issue: | Return optimization securities
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Underlying stock: | Regions Financial Corp. (Symbol: RF)
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Amount: | $225,000
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Maturity: | April 9, 2026
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Coupon: | 0%
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Price: | Par of $10
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Payout at maturity: | Par plus 5 times any share price gain, capped at par plus 93.13%; otherwise, full exposure to losses
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Initial share price: | $20.99
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Pricing date: | April 5
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Settlement date: | April 7
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Underwriters: | UBS Financial Services Inc. and UBS Investment Bank
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Fees: | 3.5%
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Cusip: | 90285T350
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