Published on 10/28/2021 in the Prospect News Structured Products Daily.
New Issue: UBS sells $3.64 million capped buffer securities linked to Dow
By Kiku Steinfeld
Chicago, Oct. 28 – UBS AG, London Branch priced $3.64 million of 0% capped buffer securities due Oct. 20, 2022 linked to the Dow Jones industrial average, according to a 424B2 filing with the Securities and Exchange Commission.
The payout at maturity will be par plus any index gain, capped at 12%. Investors will receive par if the index falls by up to 10% and will lose 1% for every 1% decline of the index beyond 10%.
UBS Securities LLC and UBS Investment Bank are the agents.
Issuer: | UBS AG, London Branch
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Issue: | Capped buffer securities
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Underlying index: | Dow Jones industrial average
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Amount: | $3,638,000
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Maturity: | Oct. 20, 2022
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Coupon: | 0%
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Price: | Par of $1,000
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Payout at maturity: | Par plus any index gain, capped at 12%; par if index falls by up to 10%; 1% loss for every 1% decline of index beyond 10%
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Initial level: | 35,294.76
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Threshold level: | 31,765.28, 90% of initial level
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Pricing date: | Oct. 15
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Settlement date: | Oct. 20
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Agents: | UBS Securities LLC and UBS Investment Bank
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Fees: | 0.1524%
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Cusip: | 90279DJG2
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