UBS plans capped leveraged buffer notes tied to iShares MSCI EM fund

By Susanna Moon

Chicago, Sept. 29 – UBS AG, London Branch plans to price 0% leveraged buffered notes due in 21 to 24 months linked to the iShares MSCI Emerging Markets exchange-traded fund, according to a 424B2 filed with the Securities and Exchange Commission.

The payout at maturity will be par plus 160% of any fund gain, up to a maximum settlement amount of $1,179.04 to $1,210.56 per $1,000 principal amount of notes.

Investors will receive par if the fund falls by up to 15% and will lose 1.1765% for each 1% decline beyond 15%.

UBS Securities LLC is the agent.

The Cusip number is 90270KMM8.

© 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.