| Add to balance / Manage account | User: | Log out |
| Prospect News home > News index > List of issuers E > Headlines for Euro Stoxx 50 index > News item |
UBS to price trigger performance securities linked to Euro Stoxx 50
By Toni Weeks
San Diego, Nov. 2 - UBS AG, London Branch plans to price 0% trigger performance securities due Nov. 30, 2017 linked to the Euro Stoxx 50 index, according to an FWP filing with the Securities and Exchange Commission.
If the index return is positive, the payout at maturity will be par of $10 plus 178% to 188% of the index return. The exact participation rate will be set at pricing. Investors will receive par if the index falls by 50% or less and will be fully exposed to losses from the initial level if it falls by more than 50%.
The notes are expected to price Nov. 28 and settle Nov. 30.
UBS Financial Services Inc. and UBS Investment Bank are the underwriters.
The Cusip number is 90269V793.
© 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.