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Published on 1/14/2019 in the Prospect News Structured Products Daily.

New Issue: UBS prices $8.46 million digital notes due 2020 linked to Euro Stoxx 50

By Susanna Moon

Chicago, Jan. 14 – UBS AG, London Branch priced $8.46 million of 0% digital notes due July 8, 2020 linked to the Euro Stoxx 50 index, according to a 424B2 filed with the Securities and Exchange Commission.

If the index finishes above the initial level, the payout at maturity will be par plus the maximum settlement amount of $1,172.70 per $1,000 principal amount.

If the index finishes at or above its 90% barrier level, the payout will be par.

Otherwise, investors will be fully exposed to any losses.

UBS Securities LLC is the agent.

Issuer:UBS AG, London Branch
Issue:Digital notes
Underlying indexes:Euro Stoxx 50
Amount:$8,462,000
Maturity:July 8, 2020
Coupon:0%
Price:Par
Payout at maturity:If index gains, par plus 17.27%; if index falls by up to 10%, par; otherwise, 1.1111% for each 1% decline beyond 10%
Initial level:3,075.73
Barrier level:2,768.157, 90% of initial level
Pricing date:Jan. 10
Settlement date:Jan. 17
Agent:UBS Securities LLC
Fees:None
Cusip:90270KWK1

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