Published on 6/25/2018 in the Prospect News Structured Products Daily.
New Issue: UBS prices $100,000 return optimization securities on salesforce.com
New York, June 25 – UBS AG, London Branch priced $100,000 of return optimization securities due June 28, 2019 linked to the common stock of salesforce.com, inc., according to a 424B2 filing with the Securities and Exchange Commission.
If salesforce.com stock closes at or above the initial price, the payout at maturity will be par plus 3.5 times any gain in common stock of salesforce.com capped at 17.07%.
Investors will share in any losses.
UBS Financial Services Inc. and UBS Investment Bank are the underwriters.
Issuer: | UBS AG, London Branch
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Issue: | Return optimization securities
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Underlying stock: | salesforce.com, inc. (NYSE: CRM)
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Amount: | $100,000
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Maturity: | June 28, 2019
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Coupon: | 0%
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Price: | Par of $10
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Payout at maturity: | Par plus 3.5 times any gain in common stock of salesforce.com, capped at 17.07%; otherwise, exposure to any losses
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Initial share price: | $133.19
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Pricing date: | June 25
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Settlement date: | June 27
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Underwriters: | UBS Financial Services Inc. and UBS Investment Bank
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Fees: | 1.75%
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Cusip: | 90284M562
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