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 3/21/2019 in the Prospect News Structured Products Daily.

New Issue: UBS prices $440,000 buffered return optimization securities linked to Amazon.com

New York, March 21 – UBS AG, London Branch priced $440,000 of buffered return optimization securities due March 26, 2020 linked to Amazon.com, Inc. stock, according to a 424B2 filing with the Securities and Exchange Commission.

If Amazon.com stock closes at or above its initial price, the payout at maturity will be par plus 1.25 times any gain, capped at par plus 17.56%.

If Amazon.com 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
Issue:Buffered return optimization securities
Underlying stock:Amazon.com, Inc. (Nasdaq: AMZN)
Amount:$440,000
Maturity:March 26, 2020
Coupon:0%
Price:Par of $10
Payout at maturity:Par plus 1.25 times return of Amazon.com stock, capped at 17.56%; par if stock declines by up to 5%; exposure to losses beyond 5%
Initial share price:$1819.26
Pricing date:March 21
Settlement date:March 25
Agents:UBS Financial Services Inc. and UBS Investment Bank
Fees:2%
Cusip:90286U729

© 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.