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UBS plans five-year trigger performance notes linked to Euro Stoxx 50
By Susanna Moon
Chicago, Aug. 1 – UBS AG, London Branch plans to price 0% trigger performance securities due Aug. 30, 2019 linked to the Euro Stoxx 50 index, according to an FWP filing with the Securities and Exchange Commission.
The payout at maturity will be par of $10 plus 146% to 156% of any index gain. The exact participation rate will be set at pricing.
If the index finishes at or above the trigger level, 60% of the initial level, the payout will be par.
Otherwise, investors will be fully exposed to any losses.
UBS Investment Bank and UBS Financial Services Inc. are the agents.
The notes will price on Aug. 27 and settle on Aug. 29.
The Cusip number is 90273E845.
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