UBS plans to price trigger performance securities on Euro Stoxx 50

By Toni Weeks

San Luis Obispo, Calif., June 2 - UBS AG, London Branch plans to price 0% trigger performance securities due June 28, 2019 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 135% to 145% of the index return, with the exact participation rate to be determined at pricing.

Investors will receive par if the index falls by up to 40% and will be fully exposed to losses from the initial level if it falls by more than 40%.

The notes (Cusip: 90272X679) are expected to price June 26 and settle June 30.

UBS Investment Bank and UBS Financial Services Inc. are the agents.

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