Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers E > Headlines for Euro Stoxx 50 index > News item |
UBS plans 36- to 39-month notes with cap linked to Euro Stoxx 50
By Susanna Moon
Chicago, Aug. 1 – UBS AG, London Branch plans to price 36- to 39-month 0% notes linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.
The payout at maturity will be par plus any index gain, up to a maximum settlement amount of between $1,314.00 and $1,369.20 per $1,000 of notes.
Investors will receive par if the index falls by up to 10% and will lose 1.1111% for each 1% decline beyond 10%.
The exact maturity date and cap will be set at pricing.
UBS Securities LLC is the agent.
The Cusip is 90270KLU1.
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.