Published on 12/1/2022 in the Prospect News Structured Products Daily.
New Issue: UBS prices $1.1 million capped PLUS due 2022 linked to Russell
Chicago, Dec. 1 – UBS AG, London Branch priced $1.1 million of 0% capped Performance Leveraged Upside Securities due July 6, 2023 linked to the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.
The payout at maturity will be par of $10 plus triple any gain in the index, up to a maximum return of 22%.
Investors will be exposed to any losses.
UBS Securities LLC is the agent with Morgan Stanley Wealth Management handling distribution.
Issuer: | UBS AG, London Branch
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Issue: | Capped Performance Leveraged Upside Securities
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Underlying index: | Russell 2000
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Amount: | $1,100,450
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Maturity: | July 6, 2023
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Coupon: | 0%
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Price: | Par of $10
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Payout at maturity: | Par plus 300% of any index gain, capped at par plus 22%; 1% loss for each 1% decline
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Initial level: | 2,030.72
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Pricing date: | March 16
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Settlement date: | March 21
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Agent: | UBS Securities LLC with Morgan Stanley Wealth Management handling distribution
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Fees: | 2.25%
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Cusip: | 90290V739
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