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Published on 7/21/2017 in the Prospect News Structured Products Daily.

New Issue: UBS sells $11.23 million index-linked notes tied to Euro Stoxx 50

By Marisa Wong

Morgantown, W.Va., July 21 – UBS AG, London Branch priced $11.23 million of 0% index-linked notes due Jan. 7, 2019 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index return is zero or positive, the payout at maturity will be the greater of par plus the index return and the threshold settlement amount of $1,192.50 per $1,000 principal amount.

If the index return is negative, the payout will be par.

UBS Securities LLC is the agent.

Issuer:UBS AG, London Branch
Issue:Index-linked notes
Underlying index:Euro Stoxx 50
Amount:$11,225,000
Maturity:Jan. 7, 2019
Coupon:0%
Price:Par
Payout at maturity:If the index return is zero or positive, greater of par plus the index return and $1,192.50 per $1,000 principal amount; if the index return is negative, par
Initial index level:3,441.88
Pricing date:June 30
Settlement date:July 10
Underwriter:UBS Securities LLC
Fees:1.53%
Cusip:90270KKU2

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