E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 4/8/2019 in the Prospect News Structured Products Daily.

New Issue: UBS prices $100,000 buffered return optimization securities linked to General Electric

New York, April 8 – UBS AG, London Branch priced $100,000 of buffered return optimization securities due April 13, 2020 linked to General Electric Co. stock, according to a 424B2 filing with the Securities and Exchange Commission.

If General Electric stock closes at or above its initial price, the payout at maturity will be par plus five times any gain, capped at par plus 14.27%.

If General Electric stock declines by up to 15%, the payout will be par. Investors will be exposed to any losses beyond 15%.

The agent is UBS Financial Services Inc. and UBS Investment Bank.

Issuer:UBS AG, London Branch
Issue:Buffered return optimization securities
Underlying stock:General Electric Co. (NYSE: GE)
Amount:$100,000
Maturity:April 13, 2020
Coupon:0%
Price:Par of $10
Payout at maturity:Par plus five times return of General Electric stock, capped at 14.27%; par if stock declines by up to 15%; exposure to losses beyond 15%
Initial share price:$9.49
Pricing date:April 8
Settlement date:April 10
Agents:UBS Financial Services Inc. and UBS Investment Bank
Fees:2%
Cusip:90287P430

© 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.