Published on 5/12/2022 in the Prospect News Structured Products Daily.
New Issue: UBS sells $4.74 million digital index-linked notes linked to Euro Stoxx 50
By William Gullotti
Buffalo, N.Y., May 12 – UBS AG, London Branch priced $4.74 million of 0% digital index-linked notes due Nov. 8, 2023 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.
If the index finishes at or above its initial level, the payout at maturity will be the greater of par plus the index return and the threshold settlement amount of $1,287 for each $1,000 principal amount.
Investors will be fully exposed to any index decline.
UBS Securities LLC is the agent. Simon Markets LLC is acting as dealer.
Issuer: | UBS AG, London Branch
|
Issue: | Digital index-linked notes
|
Underlying index: | Euro Stoxx 50 index
|
Amount: | $4,735,000
|
Maturity: | Nov. 8, 2023
|
Coupon: | 0%
|
Price: | Par
|
Payout at maturity: | If index finishes at or above its initial level, the greater of par plus index return and $1,287 for each $1,000 principal amount; otherwise, full exposure to decline
|
Initial level: | 3,629.17
|
Pricing date: | May 6
|
Settlement date: | May 13
|
Agent: | UBS Securities LLC
|
Dealer: | Simon Markets LLC
|
Fees: | 1.51%
|
Cusip: | 90279FBE0
|
|
© 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.