Published on 9/19/2018 in the Prospect News Structured Products Daily.
New Issue: UBS sells $5.81 million capped trigger gears linked to Euro Stoxx 50
By Marisa Wong
Morgantown, W.Va., Sept. 19 – UBS AG, London Branch priced $5.81 million of 0% capped trigger gears due Aug. 31, 2021 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.
If the index return is greater than zero, the payout at maturity will be par plus 5 times the index return, subject to a maximum gain of 58%.
If the index falls by up to 30%, the payout will be par.
Investors will lose 1% for every 1% decline below the initial level if the index finishes below the 70% downside threshold.
UBS Financial Services Inc. and UBS Investment Bank are the agents.
Issuer: | UBS AG, London Branch
|
Issue: | Capped trigger gears
|
Underlying index: | Euro Stoxx 50
|
Amount: | $5,814,500
|
Maturity: | Aug. 31, 2021
|
Coupon: | 0%
|
Price: | Par of $10
|
Payout at maturity: | Par plus 5 times any index gain, capped at par plus 58%; par if index falls by up to 30%; otherwise, full exposure to losses
|
Initial level: | 3,456.13
|
Downside threshold: | 2,419.29, 70% of initial level
|
Pricing date: | Aug. 29
|
Settlement date: | Aug. 31
|
Agents: | UBS Financial Services Inc. and UBS Investment Bank
|
Fees: | 2.5%
|
Cusip: | 90281A702
|
|
© 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.