By Susanna Moon
Chicago, Jan. 15 - UBS AG, London Branch priced $5.13 million of 0% return optimization securities due Jan. 16, 2015 linked to a basket of funds, according to a 424B2 filing with the Securities and Exchange Commission.
The basket consists of the SPDR S&P 500 exchange-traded fund trust with a 40% weight, iShares MSCI EAFE index fund with a 40% weight and iShares MSCI Emerging Markets index fund with a 20% weight.
The payout at maturity will be par plus triple any gain in the basket, up to a maximum return of 27%.
Investors will be exposed to any losses.
UBS Financial Services Inc. and UBS Investment Bank are the agents.
| Issuer: | UBS AG, London Branch
|
| Issue: | Return optimization securities
|
| Underlying basket: | SPDR S&P 500 ETF Trust (40% weight), iShares MSCI EAFE index fund (40% weight) and iShares MSCI Emerging Markets index fund (20% weight)
|
| Amount: | $5,125,000
|
| Maturity: | Jan. 16, 2015
|
| Coupon: | 0%
|
| Price: | Par of $10
|
| Payout at maturity: | Par plus 300% of any basket gain, capped at 27%; full exposure to any losses
|
| Pricing date: | Jan. 11
|
| Settlement date: | Jan. 16
|
| Underwriters: | UBS Financial Services Inc. and UBS Investment Bank
|
| Fees: | 2%
|
| Cusip: | 90271B165
|
© 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.
