Published on 7/26/2018 in the Prospect News Structured Products Daily.
New Issue: UBS prices $200,000 buffered return optimization securities linked to Starbucks
New York, July 26 – UBS AG, London Branch priced $200,000 of buffered return optimization securities due July 30, 2019 linked to Starbucks Corp. stock, according to a 424B2 filing with the Securities and Exchange Commission.
If Starbucks stock closes at or above its initial price, the payout at maturity will be par plus five times any gain, capped at par plus 11.12%.
If Starbucks stock declines by up to 5%, the payout will be par. Investors will be exposed to any losses beyond 5%.
The agent is UBS Financial Services Inc. and UBS Investment Bank.
Issuer: | UBS AG, London Branch
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Issue: | Buffered return optimization securities
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Underlying stock: | Starbucks Corp. (Nasdaq: SBUX)
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Amount: | $200,000
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Maturity: | July 30, 2019
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Coupon: | 0%
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Price: | Par of $10
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Payout at maturity: | Par plus five times return of Starbucks stock, capped at 11.12%; par if stock declines by up to 5%; exposure to losses beyond 5%
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Initial share price: | $51.62
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Pricing date: | July 25
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Settlement date: | July 27
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Agents: | UBS Financial Services Inc. and UBS Investment Bank
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Fees: | 2%
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Cusip: | 90284Q522
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