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UBS to price capped leveraged buffered notes linked to index basket
By Sarah Lizee
Olympia, Wash., May 17 – UBS AG, London Branch plans to price 0% capped leveraged buffered notes due in 21 to 24 months linked to a basket of indexes, according to a 424B2 filing with the Securities and Exchange Commission.
The basket consists of the Euro Stoxx 50 index with a 37% weight, the FTSE 100 index with a 23% weight, the Topix index with a 23% weight, the Swiss Market index with a 9% weight and the S&P/ASX 200 index with an 8% weight.
The payout at maturity will be par plus 180% of any basket gain, up to a maximum settlement amount of $1,524.16 to $1,616.32 for each $1,000 principal amount.
Investors will receive par if the basket falls by up to 15% and will lose about 1.1765% for each 1% decline beyond 15%.
UBS Securities LLC is the agent.
The Cusip number is 90270KRY7.
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