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UBS to price trigger performance securities tied to Euro Stoxx 50
By Jennifer Chiou
New York, March 5 - UBS AG, London Branch plans to price 0% trigger performance securities due March 29, 2019 linked to the Euro Stoxx 50 index, according to an FWP with the Securities and Exchange Commission.
If the index return is positive, the payout at maturity will be par of $10 plus 175% to 185% of the index return. Investors will receive par if the index declines by 25% or less and will be fully exposed to the index's decline from its initial level if it declines beyond 25%.
The notes (Cusip: 90272V178) are expected to price on March 27 and settle on March 31.
UBS Financial Services Inc. and UBS Investment Bank are the underwriters.
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