Published on 7/30/2014 in the Prospect News Structured Products Daily.
New Issue: UBS prices $7.47 million return optimization securities on Russell 2000
By Susanna Moon
Chicago, July 30 – UBS AG, London Branch priced $7.47 million of 0% return optimization securities due Aug. 31, 2015 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 the gain, up to a maximum return of 14.2%.
Investors will be exposed to any losses.
UBS Financial Services Inc. and UBS Investment Bank are the agents.
| Issuer: | UBS AG, London Branch
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| Issue: | Return optimization securities
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| Underlying index: | Russell 2000
|
| Amount: | $7,470,250
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| Maturity: | Aug. 31, 2015
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| Coupon: | 0%
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| Price: | Par of $10
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| Payout at maturity: | Par plus triple any index gain, capped at 14.2%, exposure to any losses
|
| Initial level:
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| Pricing date: | July 28
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| Settlement date: | July 31
|
| Agents: | UBS Financial Services Inc. and UBS Investment Bank
|
| Fees: | 2%
|
| Cusip: | 90273E357
|
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