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Published on 12/11/2018 in the Prospect News Structured Products Daily.

New Issue: UBS sells $2.36 million leveraged buffered notes on index basket

By Wendy Van Sickle

Columbus, Ohio, Dec. 11 – UBS AG, London Branch priced $2.36 million of 0% leveraged buffered notes due Dec. 9, 2020 linked to a basket of indexes, according to a 424B2 filing with the Securities and Exchange Commission.

The basket consists of the Euro Stoxx 50 index with a 36% weight, the Topix index with a 27% weight, FTSE 100 index with a 20% weight, the Swiss Market index with a 9% weight and the S&P/ASX 200 index with an 8% weight.

The payout at maturity will be par plus 203% of any basket gain up to a maximum settlement amount of $1,478.75 for each $1,000 principal amount.

Investors will receive par if the basket falls by up to 10% and will lose 1.1111% for each 1% decline beyond 10%.

UBS Securities LLC is the agent.

Issuer:UBS AG, London Branch
Issue:Leveraged buffered notes
Underlying indexes:Euro Stoxx 50 index (36% weight), Topix index (27% weight), FTSE 100 index (20% weight), Swiss Market index (9% weight) and S&P/ASX 200 index (8% weight)
Amount:$2.36 million
Maturity:Dec. 9, 2020
Coupon:0%
Price:Par
Payout at maturity:Par plus 203% of any basket gain up to maximum settlement amount of $1,478.75 for each $1,000 face amount; par if basket falls by up to 10%; 1.1111% loss for each 1% decline beyond 10%
Initial index levels:3,058.53 for Euro Stoxx, 1,620.45 for Topix, 6,778.11 for FTSE, 8,741.03 for Swiss Market, 5,681.491 for S&P/ASX
Pricing date:Dec. 7
Settlement date:Dec. 14
Agent:UBS Securities LLC
Fees:2%
Cusip:90270KVL0

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