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UBS plans to price buffer gears linked to Euro Stoxx 50 index
By Angela McDaniels
Tacoma, Wash., Jan. 22 – UBS AG, London Branch plans to price 0% buffer gears due July 26, 2024 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.
If the index return is positive, the payout at maturity will be par plus 2.65 times the index return. Investors will receive par if the index declines by 30% or less and will lose 1% for every 1% that it might decline beyond 30%.
UBS Securities LLC and UBS Investment Bank are the underwriters.
The notes will price Jan. 23.
The Cusip number is 90270KWT2.
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