New Issue: UBS prices $125,000 trigger return optimization securities linked to AMD

Chicago, Dec. 9 – UBS AG, London Branch priced $125,000 of trigger return optimization securities due Oct. 12, 2023 linked to the common stock of Advanced Micro Devices, Inc., according to a 424B2 filing with the Securities and Exchange Commission.

If Advanced Micro stock closes at or above the initial price, the payout at maturity will be par plus five times any gain in common stock of Advanced Micro capped at 40.86%.

Investors will receive par if the stock declines but finishes above the 66% trigger level and will share in any losses if it closes below the trigger level.

UBS Financial Services Inc. and UBS Investment Bank are the underwriters.

Issuer:	UBS AG, London Branch
Issue:	Trigger return optimization securities
Underlying stock:	Advanced Micro Devices, Inc. (Nasdaq: AMD)
Amount:	$125,000
Maturity:	Oct. 12, 2023
Coupon:	0%
Price:	Par of $10
Payout at maturity:	Par plus five times any gain in common stock of Advanced Micro, capped at 40.86%; par if stock declines but finishes above the trigger level; otherwise, exposure to any losses
Initial share price:	$103.72
Trigger level:	$68.46, 66% of initial price
Pricing date:	April 7
Settlement date:	April 11
Underwriters:	UBS Financial Services Inc. and UBS Investment Bank
Fees:	1%
Cusip:	90303B480

© 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.