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Published on 4/24/2018 in the Prospect News Structured Products Daily.

New Issue: UBS sells $5.87 million digital index-linked notes on Euro Stoxx 50

By Susanna Moon

Chicago, April 24 – UBS AG, London Branch priced $5.87 million of 0% digital index-linked notes due June 5, 2019 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index finishes at or above its 85% threshold level, the payout at maturity will be the maximum settlement amount of $1,068 for each $1,000 principal amount.

Otherwise, investors will lose 1.1765% for each 1% decline beyond 15%.

UBS Securities LLC is the underwriter.

Issuer:UBS AG, London Branch
Issue:Digital index-linked notes
Underlying index:Euro Stoxx 50
Amount:$5.87 million
Maturity:June 5, 2019
Coupon:0%
Price:Par
Payout at maturity:If index finishes at or above 85% threshold, par plus 6.8%; otherwise, 1.1765% loss per 1% decline beyond 15%
Initial index level:3,490.89
Barrier level:85% of initial level
Pricing date:April 18
Settlement date:April 25
Underwriter:UBS Securities LLC
Fees:0.8%
Cusip:90270KRC5

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