New York, Nov. 16 – UBS AG, London Branch priced $200,000 of buffered return optimization securities due Nov. 21, 2022 linked to Honeywell International Inc. stock, according to a 424B2 filing with the Securities and Exchange Commission.
If Honeywell International stock closes at or above its initial price, the payout at maturity will be par plus 1.25 times any gain, capped at par plus 20.17%.
If Honeywell International stock declines by up to 10%, the payout will be par. Investors will be exposed to any losses beyond 10%.
The agent is UBS Financial Services Inc. and UBS Investment Bank.
Issuer: | UBS AG, London Branch
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Issue: | Buffered return optimization securities
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Underlying stock: | Honeywell International Inc.
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Amount: | $200,000
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Maturity: | Nov. 21, 2022
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Coupon: | 0%
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Price: | Par of $10
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Payout at maturity: | Par plus 1.25 times return of Honeywell International stock, capped at 20.17%; par if stock declines by up to 10%; exposure to losses beyond 10%
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Initial share price: | $208.59
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Pricing date: | Nov. 16
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Settlement date: | Nov. 18
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Agents: | UBS Financial Services Inc. and UBS Investment Bank
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Fees: | 2%
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Cusip: | 90282G427
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