| Add to balance / Manage account | User: | Log out |
| Prospect News home > News index > List of issuers R > Headlines for Russell 2000 index > News item |
UBS plans two-year trigger autocallable notes linked to Russell 2000
By Susanna Moon
Chicago, Dec. 23 – UBS AG, London Branch plans to price 0% trigger autocallable optimization securities due Dec. 30, 2016 linked to the Russell 2000 index, according to an FWP filing with the Securities and Exchange Commission.
The notes will be called at par plus a call return of 8% per year if the index closes at or above the initial level on any quarterly observation date.
The payout at maturity will be par unless the index finishes below the trigger level, 66% to 70% of the initial level, in which case investors will be fully exposed to any losses. The exact trigger level will be set at pricing.
UBS Financial Services Inc. and UBS Investment Bank are the agents.
The notes will price on Dec. 29 and settle on Dec. 31.
The Cusip number is 90274F437.
© 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.