Union Bank plans market-linked CDs tied to DJ-UBS Gold Subindex

By Toni Weeks

San Diego, May 27 - Union Bank, NA plans to price market-linked certificates of deposit due June 29, 2018 linked to the Dow Jones-UBS Gold Subindex, according to a disclosure supplement.

The payout maturity will be par plus any gain in the index, subject to a maximum return of 70% to 75% that will be set at pricing and a floor of 3.5%.

The payment at maturity will be par plus the final coupon, if any.

The CDs (Cusip: 90521AFT0) are expected to price June 24 and settle June 29.

Citigroup Global Markets Inc. is the agent.

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