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 5/1/2013 in the Prospect News Structured Products Daily.

UBS to price market plus notes due 2014 linked to MSCI EAFE index

By Marisa Wong

Madison, Wis., May 1 - UBS AG, London Branch plans to price 0% market plus notes due May 21, 2014 tied to the MSCI EAFE index, according to an FWP filing with the Securities and Exchange Commission.

The payout at maturity will be par plus any index gain. If the index falls by up to 13.5%, investors will receive par. Otherwise, investors will be exposed to any losses.

The notes (Cusip: 902674MP2) are expected to price May 3 and settle May 8.

UBS Investment Bank is the underwriter. JPMorgan Chase Bank, NA and J.P. Morgan Securities LLC are placement agents.


© 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.