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Published on 11/6/2017 in the Prospect News Structured Products Daily.

New Issue: UBS sells $2.18 million leveraged buffered notes tied to index basket

By Marisa Wong

Morgantown, W.Va., Nov. 6 – UBS AG, London Branch priced $2.18 million of 0% leveraged buffered notes due Oct. 29, 2021 linked to a basket of indexes, according to a 424B2 filing with the Securities and Exchange Commission.

The basket consists of the S&P 500 index with a 50% weight, the Russell 2000 index with a 25% weight and Euro Stoxx 50 index with a 25% weight.

The payout at maturity will be par plus 168% of any basket gain.

Investors will receive par if the basket falls by up to 5% and will lose 1% for each 1% decline beyond 5%.

UBS Securities LLC is the agent.

Issuer:UBS AG, London Branch
Issue:Leveraged buffered notes
Underlying indexes:S&P 500 (50% weight), Russell 2000 (25% weight), Euro Stoxx 50 index (25% weight)
Amount:$2.18 million
Maturity:Oct. 29, 2021
Coupon:0%
Price:Par
Payout at maturity:Par plus 168% of any basket gain; par if the basket falls by up to 5%; 1% loss for every 1% decline beyond 5%
Initial levels:2,560.40 for S&P, 1,497.459 for Russell, 3,637.20 for Euro Stoxx
Pricing date:Oct. 26
Settlement date:Oct. 31
Agent:UBS Securities LLC
Fees:None
Cusip:90270KNP0

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