Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers S > Headlines for Southwestern Energy Co. > News item |
UBS plans 8.25%-10.75% trigger yield notes on Southwestern Energy
By Susanna Moon
Chicago, Jan. 10 - UBS AG, London Branch plans to price 8.25% to 10.75% trigger yield optimization notes due Jan. 18, 2013 linked to Southwestern Energy Co. shares, according to an FWP with the Securities and Exchange Commission.
Interest will be payable monthly.
The face amount of each note will be equal to the initial price of Southwestern Energy stock.
The payout at maturity will be par in cash unless the final price of Southwestern Energy stock is less than 75% of the initial share price, in which case investors will receive one Southwestern Energy share per note.
UBS Financial Services Inc. and UBS Investment Bank are the agents.
The notes will price on Jan. 13 and settle on Jan. 19.
The Cusip is 90267V852.
© 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.