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
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Issue: | Buffered return optimization securities
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Underlying stock: | Nvidia Corp. (Nasdaq: NVDA)
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Amount: | $337,000
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Maturity: | Dec. 18, 2025
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Coupon: | 0%
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Price: | Par of $10
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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%
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Initial share price: | $180.72
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Pricing date: | Dec. 13
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Settlement date: | Dec. 15
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Agents: | UBS Financial Services Inc. and UBS Investment Bank
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Fees: | 2.5%
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Cusip: | 90280B362
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