By Susanna Moon
Chicago, July 30 - UBS AG, London Branch priced $2.26 million of 0% performance allocation securities due July 31, 2015 based on the best performing of three global equity portfolios, according to a 424B2 filing with the Securities and Exchange Commission.
Portfolio 1 will be allocated 80.5% to the SPDR S&P 500 exchange-traded fund trust, 9.75% to the iShares MSCI EAFE index fund and 9.75% to the iShares MSCI Emerging Markets index fund.
Portfolio 2 will be allocated 9.75% to the SPDR trust, 80.5% to the iShares MSCI EAFE and 9.75% to the iShares MSCI Emerging Markets.
Portfolio 3 will be allocated 9.75% to the SPDR trust, 9.75% to the iShares MSCI EAFE and 80.5% to the iShares MSCI Emerging Markets.
The payout at maturity will be par of $10 plus the return of the best-performing portfolio, with exposure to any losses.
UBS Financial Services Inc. and UBS Investment Bank are the underwriters.
| Issuer: | UBS AG, London Branch
|
| Issue: | Performance allocation securities linked to best performing among three global equity portfolios
|
| Portfolio 1: | SPDR S&P 500 ETF trust (80.5% weight), iShares MSCI EAFE index fund (9.75% weight) and iShares MSCI Emerging Markets (9.75% weight)
|
| Portfolio 2: | S&P (9.75% weight), MSCI EAFE (80.5% weight) and MSCI Emerging Markets (9.75% weight)
|
| Portfolio 3: | S&P (9.75% weigh), MSCI EAFE (9.75% weight) and MSCI Emerging Markets (80.5% weight)
|
| Amount: | $2,258,722
|
| Maturity: | July 31, 2015
|
| Coupon: | 0%
|
| Price: | 103.5
|
| Payout at maturity: | Par of $10 plus return of best-performing portfolio
|
| Pricing date: | July 28
|
| Settlement date: | July 30
|
| Underwriters: | UBS Financial Services Inc. and UBS Investment Bank
|
| Fees: | 3.5%
|
| Cusip: | 90267C532
|
© 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.
