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UBS plans to issue capped leveraged return notes tied to index basket
By Devika Patel
Knoxville, Tenn., July 6 – UBS AG, London branch plans to price 24- to 27-month capped leveraged notes linked to a basket of unequally weighted indexes, according to a 424 filing with the Securities and Exchange Commission.
The exact maturity will be set at pricing.
The basket components are 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.
If the basket return is positive, the payout at maturity will be par plus five times the basket return, subject to a maximum settlement amount that is expected to fall between $1,416.50 and $1,490 per $1,000 of notes and will be set at pricing.
Investors will receive par if the basket remains flat and will lose 1% for each 1% decline of the basket from its initial level.
UBS Securities LLC is the agent.
The Cusip is 90270KSQ3.
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