New Issue: UBS prices $1.01 million buffer in-digital securities tied to S&P 500, Russell 2000

By William Gullotti

Buffalo, N.Y., April 26 – UBS AG, London Branch priced $1.01 million of 0% buffer in-digital securities due April 24, 2025 linked to the performance of the S&P 500 index and the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

If each index finishes at or above its 85% buffer level, the payout at maturity will be par plus 22.75%.

Otherwise, investors will lose 1% for every 1% decline of the worst performer below 15%.

UBS Securities LLC and UBS Investment Bank are the agents.

Issuer:	UBS AG, London Branch
Issue:	Buffer in-digital securities
Underlying indexes:	S&P 500 index, Russell 2000 index
Amount:	$1,013,000
Maturity:	April 24, 2025
Coupon:	0%
Price:	Par
Payout at maturity:	If each index finishes at or above buffer level, par plus 22.75%; otherwise, lose 1% for each 1% decline of the worst performer below buffer level
Initial index levels:	1,791.506 for Russell, 4,133.52 for S&P
Buffer levels:	1,522.78 for Russell, 3,513.49 for S&P; 85% of initial levels
Pricing date:	April 21
Settlement date:	April 26
Agents:	UBS Securities LLC and UBS Investment Bank
Fees:	2%
Cusip:	90279GBW8

© 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.