UBS to price 15- to 17-month digital notes tied to Nasdaq-100 index

By Sarah Lizee

Olympia, Wash., Oct. 16 – UBS AG, London Branch plans to price 0% digital index-linked notes due in 15 to 17 months linked to the Nasdaq-100 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index finishes at or above its 85% buffer level, the payout at maturity will be the maximum settlement amount of $1,079.30 to $1,093.10 for each $1,000 principal amount.

Otherwise, investors will lose 1.1765% for each 1% decline beyond 15%.

UBS Securities LLC is the underwriter.

The Cusip number is 90270KUX5.

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