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UBS plans capped leveraged buffered notes linked to index basket
By Marisa Wong
Morgantown, W.Va., Oct. 22 – UBS AG, London Branch plans to price 0% capped leveraged buffered notes linked to a basket of indexes, according to a 424B2 filing with the Securities and Exchange Commission.
The notes will mature between 19 and 22 months after pricing.
The basket consists of the Euro Stoxx 50 index with a 37% weight, the FTSE 100 index with a 23% weight, the Topix index with a 23% weight, the Swiss Market index with a 9% weight and the S&P/ASX 200 index with an 8% weight.
The payout at maturity will be par plus 1.4 times any basket gain, up to maximum settlement amount of $1,184.80 to $1,217 for each $1,000 principal amount. The exact cap will be set at pricing.
Investors will receive par if the basket falls by up to 12.5% and will lose 1.1429% for every 1% decline beyond 12.5%.
UBS Securities LLC is the agent.
The notes are expected to price on Oct. 23.
The Cusip number is 90270KFV6.
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