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 7/10/2022 in the Prospect News Structured Products Daily.

New Issue: UBS prices $139,000 buffered return optimization securities on Wayfair

New York, July 11 – UBS AG, London Branch priced $139,000 of buffered return optimization securities due July 11, 2024 linked to Wayfair Inc. stock, according to a 424B2 filing with the Securities and Exchange Commission.

If Wayfair stock closes at or above its initial price, the payout at maturity will be par plus five times any gain, capped at par plus 122.9%.

If Wayfair stock declines by up to 15%, the payout will be par. Investors will be exposed to any losses beyond 15%.

The agent is UBS Financial Services Inc. and UBS Investment Bank.

Issuer:UBS AG, London Branch
Issue:Buffered return optimization securities
Underlying stock:Wayfair Inc. (NYSE: W)
Amount:$139,000
Maturity:July 11, 2024
Coupon:0%
Price:Par of $10
Payout at maturity:Par plus five times return of Wayfair stock, capped at 122.9%; par if stock declines by up to 15%; exposure to losses beyond 15%
Initial share price:$55.31
Pricing date:July 8
Settlement date:July 12
Agents:UBS Financial Services Inc. and UBS Investment Bank
Fees:2%
Cusip:90303U504

© 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.