Published on 6/20/2018 in the Prospect News Structured Products Daily.
New Issue: UBS prices $100,000 buffered return optimization securities on Electronic Arts
New York, June 20 – UBS AG, London Branch priced $100,000 of buffered return optimization securities due June 25, 2019 linked to Electronic Arts Inc. stock, according to a 424B2 filing with the Securities and Exchange Commission.
If Electronic Arts stock closes at or above its initial price, the payout at maturity will be par plus three times any gain, capped at par plus 10.75%.
If Electronic Arts stock declines by up to 10%, the payout will be par. Investors will be exposed to any losses beyond 10%.
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: | Electronic Arts Inc. (Nasdaq: EA)
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Amount: | $100,000
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Maturity: | June 25, 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 return of Electronic Arts stock, capped at 10.75%; par if stock declines by up to 10%; exposure to losses beyond 10%
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Initial share price: | $143.54
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Pricing date: | June 20
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Settlement date: | June 22
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Agents: | UBS Financial Services Inc. and UBS Investment Bank
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Fees: | 2%
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Cusip: | 90284L796
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