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Published on 11/15/2017 in the Prospect News Structured Products Daily.

New Issue: UBS prices $11.21 million digital notes linked to Euro Stoxx 50

By Marisa Wong

Morgantown, W.Va., Nov. 15 – UBS AG, London Branch priced $11.21 million of 0% digital notes due April 15, 2019 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the final index level is at least 90% of the initial index level, the payout at maturity will be $1,106 per $1,000 principal amount of notes. Otherwise, investors will lose 1.1111% for every 1% that the index declines beyond 10%.

UBS Securities LLC is the underwriter.

Issuer:UBS AG, London Branch
Issue:Digital notes
Underlying index:Euro Stoxx 50
Amount:$11,205,000
Maturity date:April 15, 2019
Coupon:0%
Price:Par
Payout at maturity:If final index level is at least 90% of initial index level, $1,106 per $1,000 principal amount of notes; otherwise, 1.1111% loss for every 1% that index declines beyond 10%
Initial index level:3,593.76
Pricing date:Nov. 10
Settlement date:Nov. 17
Underwriter:UBS Securities LLC
Fees:1.27%
Cusip:90270KNR6

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