Published on 8/14/2021 in the Prospect News Structured Products Daily.
New Issue: UBS sells $2.25 million capped leveraged notes tied to index basket
By Kiku Steinfeld
Chicago, Aug. 16 – UBS AG, London Branch priced $2.25 million of 0% capped leveraged notes due Aug. 18, 2022 linked to a basket of indexes, according to a 424B2 filing with the Securities and Exchange Commission.
The basket consists of the Euro Stoxx 50 index with a 36% weight, the Topix index with a 29% weight, the FTSE 100 index with a 16% weight, the Swiss Market index with a 11% weight and the S&P/ASX 200 index with an 8% weight.
The payout at maturity will be par plus 500% of any basket gain up to a maximum settlement amount of $1,250 for each $1,000 principal amount.
Investors will be fully exposed to any basket decline.
UBS Securities LLC is the agent.
Issuer: | UBS AG, London Branch
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Issue: | Capped leveraged notes
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Underlying basket: | Euro Stoxx 50 index (36% weight), Topix index (29% weight), FTSE 100 index (16% weight), Swiss Market index (11% weight) and S&P/ASX 200 index (8% weight)
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Amount: | $2.25 million
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Maturity: | Aug. 18, 2022
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Coupon: | 0%
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Price: | Par
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Payout at maturity: | Par plus 500% of any basket gain up to maximum settlement amount of $1,250 for each $1,000 face amount; full exposure to loss
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Initial levels: | 4,035.77 for Stoxx, 7,008.09 for FTSE, 28,003.08 for Nikkei, 12,026.50 for Swiss, 7,348.123 for S&P/ASX
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Pricing date: | July 16
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Settlement date: | July 23
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Agent: | UBS Securities LLC
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Fees: | 1.09%
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Cusip: | 90279DBL9
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