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Published on 2/11/2020 in the Prospect News Structured Products Daily.

New Issue: UBS prices $1.72 million digital notes linked to MSCI EAFE

By Marisa Wong

Los Angeles, Feb. 11 – UBS AG, London Branch priced $1.72 million of 0% digital notes due Sept. 15, 2021 linked to the MSCI EAFE index, according to a 424B2 filing with the Securities and Exchange Commission.

If the final index level is greater than or equal to the buffer level, 87.5% of the initial index level, the payout at maturity will be $1,085 per $1,000 principal amount of notes.

If the final index level is less than the buffer level, investors will lose 1.1429% for each 1% that the index declines beyond 12.5%.

UBS Securities LLC is the underwriter.

Issuer:UBS AG, London Branch
Issue:Digital notes
Underlying index:MSCI EAFE
Amount:$1,723,000
Maturity:Sept. 15, 2021
Coupon:0%
Price:Par
Payout at maturity:If final index level is greater than or equal to buffer level, $1,085 per $1,000 principal amount of notes; if final index level is less than buffer level, 1.1429% for each 1% that index declines beyond 12.5%
Initial level:1,999.03
Buffer level:1,749.15125, 87.5% of initial index level
Pricing date:Jan. 30
Settlement date:Feb. 6
Underwriter:UBS Securities LLC
Fees:None
Cusip:90270K3H0

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