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UBS plans trigger return optimization notes linked to Euro Stoxx 50
By Susanna Moon
Chicago, Dec. 8 – UBS AG, London Branch plans to price 0% trigger return optimization securities due Dec. 31, 2018 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 double any index gain, up to a maximum return of 49% to 55%. The exact cap will be set at pricing.
If the index falls by up to the 80% trigger level, the payout will be par.
Otherwise, investors will be fully exposed to any losses.
UBS Financial Services Inc. and UBS Investment Bank are the agents.
The notes are expected to price on Dec. 29 and settle on Dec. 31.
The Cusip number is 90275G871.
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