| Add to balance / Manage account | User: | Log out |
| Prospect News home > News index > List of issuers L > Headlines for Las Vegas Sands Corp. > News item |
UBS plans 10% one-year autocallable notes linked to Las Vegas Sands
By Susanna Moon
Chicago, March 19 - UBS AG, London Branch plans to price 10% fixed coupon autocallable notes due March 27, 2015 linked to Las Vegas Sands Corp. shares, according to an FWP filing with the Securities and Exchange Commission.
Interest will be payable quarterly.
The notes will be called at par if Las Vegas Sands shares close at or above the initial share price on any of the first three determination dates.
The payout at maturity will be par if unless the stock finishes below the 80% trigger level, in which case investors will receive a number of shares equal to principal amount divided by the initial stock price or, at the issuer's option, the cash equivalent.
UBS Financial Services Inc. and UBS Investment Bank are the underwriters.
The notes will price on March 21 and settle on March 26.
The Cusip number is 90272V434.
© 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.