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 12/15/2022 in the Prospect News Structured Products Daily.

New Issue: UBS prices $337,000 buffered return optimization securities on Nvidia

New York, Dec. 15 – UBS AG, London Branch priced $337,000 of buffered return optimization securities due Dec. 18, 2025 linked to Nvidia Corp. stock, according to a 424B2 filing with the Securities and Exchange Commission.

If Nvidia stock closes at or above its initial price, the payout at maturity will be par plus two times any gain, capped at par plus 84.01%.

If Nvidia 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:Nvidia Corp. (Nasdaq: NVDA)
Amount:$337,000
Maturity:Dec. 18, 2025
Coupon:0%
Price:Par of $10
Payout at maturity:Par plus two times return of Nvidia stock, capped at 84.01%; par if stock declines by up to 15%; exposure to losses beyond 15%
Initial share price:$180.72
Pricing date:Dec. 13
Settlement date:Dec. 15
Agents:UBS Financial Services Inc. and UBS Investment Bank
Fees:2.5%
Cusip:90280B362

© 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.