Published on 5/30/2018 in the Prospect News Structured Products Daily.
New Issue: UBS prices $100,000 return optimization securities linked to Weibo
New York, May 30 – UBS AG, London Branch priced $100,000 of return optimization securities due June 4, 2019 linked to the American depositary receipts of Weibo Corp., according to a 424B2 filing with the Securities and Exchange Commission.
If Weibo stock closes at or above the initial price, the payout at maturity will be par plus three times any gain in American depositary receipts of Weibo capped at 36.36%.
Investors will share in any losses.
UBS Financial Services Inc. and UBS Investment Bank are the underwriters.
Issuer: | UBS AG, London Branch
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Issue: | Return optimization securities
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Underlying stock: | Weibo Corp. (Nasdaq: WB)
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Amount: | $100,000
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Maturity: | June 4, 2019
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Coupon: | 0%
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Price: | Par of $10
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Payout at maturity: | Par plus three times any gain in American depositary receipts of Weibo, capped at 36.36%; otherwise, exposure to any losses
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Initial share price: | $102.26
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Pricing date: | May 30
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Settlement date: | June 1
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Underwriters: | UBS Financial Services Inc. and UBS Investment Bank
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Fees: | 2%
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Cusip: | 90284J189
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