E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 2/7/2022 in the Prospect News Structured Products Daily.

New Issue: UBS prices $2.7 million capped leveraged buffered notes on S&P 500

Chicago, Feb. 7 – UBS AG, London Branch priced $2.7 million of 0% capped leveraged buffered notes due March 8, 2023 linked to the performance of the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index’s return is positive, the payout at maturity will be par plus 1.3 times the gain, capped at a maximum payout of par plus 20.15%.

Investors will receive par if the index falls by up to 12.5% and will lose 1.1429% for each 1% decline beyond 12.5%.

UBS Securities LLC is the agent.

Issuer:UBS AG, London Branch
Issue:Capped leveraged buffered notes
Underlying index:S&P 500 index
Amount:$2,698,000
Maturity:March 8, 2023
Coupon:0%
Price:Par
Payout at maturity:Par plus 1.3 times any index gain, capped at par plus 20.15%; par if the index falls by up to 12.5%; otherwise, 1.429% loss for each 1% decline beyond buffer
Initial level:4,097.17
Buffer level:87.5% of initial level
Pricing date:April 8
Settlement date:April 15
Agent:UBS Securities LLC
Fees:None
Cusip:90276BXD0

© 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.