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UBS plans to price digital index-linked notes linked to S&P 500
By Sarah Lizee
Olympia, Wash., July 22 – UBS AG, London Branch plans to price 0% digital index-linked notes due in 18 to 21 months linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.
If the index finishes at or above its 90% buffer level, the payout at maturity will be the maximum settlement amount of $1,100.90 to $1,118.30 for each $1,000 principal amount.
Otherwise, investors will lose 1.1111% for each 1% decline beyond 10%.
UBS Securities LLC is the underwriter.
The Cusip number is 90270KH69.
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