New Issue: UBS sells $2.91 million capped leveraged buffered notes tied to index basket

By William Gullotti

Buffalo, N.Y., May 25 – UBS AG, London Branch priced $2.91 million of 0% capped leveraged buffered notes due Aug. 23, 2024 linked to a weighted basket of indexes, according to a 424B2 filing with the Securities and Exchange Commission.

The basket consists of the Euro Stoxx 50 index with a 36% weight, the Topix index with a 26% weight, the FTSE 100 index with a 17% weight, the Swiss Market index with a 12% weight and the S&P/ASX 200 index with a 9% weight.

The payout at maturity will be par plus 170% of any basket gain up to a maximum settlement amount of $1,557.60 for each $1,000 principal amount.

Investors will receive par if the basket falls by up to 17.5% and will lose 1.2121% for each 1% decline beyond 17.5%.

UBS Securities LLC is the agent.

Issuer:	UBS AG, London Branch
Issue:	Capped leveraged buffered notes
Underlying basket:	Euro Stoxx 50 index (36% weight), Topix index (26% weight), FTSE 100 index (17% weight), Swiss Market index (12% weight) and S&P/ASX 200 index (9% weight)
Amount:	$2,909,000
Maturity:	Aug. 23, 2024
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 170% of any basket gain up to maximum settlement amount of $1,557.60 for each $1,000 face amount; par if basket falls by up to 17.5%; 1.2121% loss for each 1% decline beyond 17.5%
Initial index levels:	3,640.55 for Euro Stoxx, 1,860.08 for Topix, 7,302.74 for FTSE, 11,309.49 for Swiss Market and 7,064.46 for S&P/ASX
Buffer level:	82.5% of initial levels
Pricing date:	May 19
Settlement date:	May 26
Agent:	UBS Securities LLC
Fees:	None
Cusip:	90279FDT5

© 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.