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Published on 8/23/2017 in the Prospect News Structured Products Daily.

UBS plans leveraged buffered notes due 2019 tied to index basket

By Susanna Moon

Chicago, Aug. 23 – UBS AG, London Branch plans to price 0% leveraged buffered notes due in 21 to 24 months linked to a basket of indexes, according to a 424B2 filed with the Securities and Exchange Commission.

The basket includes the Euro Stoxx 50 index with a 37% initial weight, the FTSE 100 index with a 23% initial weight, the Topix index with a 23% initial weight, the Swiss Market index with a 9% initial weight and the S&P/ASX 200 index with an 8% initial weight.

The payout at maturity will be par plus 170% of any basket gain, up to a maximum settlement amount of $1,286.28 to $1,336.60 per $1,000 principal amount of notes.

Investors will receive par if the index 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 90270KME6.


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