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Prospect News home > News index > List of issuers E > Headlines for Euro Stoxx 50 index > News item |
UBS plans to price capped gears due 2019 tied to Euro Stoxx 50 index
By Sarah Lizee
Olympia, Wash., Aug. 30 – UBS AG, London Branch plans to price 0% capped gears due Nov. 29, 2019 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 of $10 plus triple any index gain, up to a maximum gain of 25% to 28%.
Investors will be exposed to any losses.
UBS Investment Bank and UBS Financial Services Inc. are the agents.
The notes will price on Sept. 26 and settle on Sept. 28.
The Cusip number is 90270KTS8.
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