UBS plans contingent income autocallables linked to three indexes

By Jennifer Chiou

New York, March 30 – UBS AG, London Branch plans to price contingent income autocallable securities due April 3, 2020 linked to the worst performing of the MSCI Emerging Markets index, the Euro Stoxx Banks index and the Topix index, according to an FWP with the Securities and Exchange Commission.

The notes will pay a contingent quarterly payment of 2.5% if each index closes at or above the 80% coupon barrier level on the observation date for that quarter.

The notes will be called at par plus the contingent coupon if each index closes at or above 95% of the initial level on any determination date other than the final date.

The payout at maturity will be par plus the final coupon unless any index finishes below the 80% trigger level, in which case investors will be fully exposed to any losses of the worst-performing index.

The notes (Cusip: 90274P716) will price on March 31 and settle on April 7.

UBS Securities LLC is the agent with Morgan Stanley Wealth Management as distributor.

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