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Published on 7/12/2017 in the Prospect News Structured Products Daily.

UBS plans leveraged buffered notes due 2019 linked to index basket

By Susanna Moon

Chicago, July 12 – UBS AG, London Branch plans to price 0% leveraged buffered notes due in 24 to 27 months linked to a basket of indexes, according to a 424B2 filed with the Securities and Exchange Commission.

The basket consists of the Euro Stoxx 50 index with a 37% weight, the FTSE 100 index with a 23% weight, the Topix index with a 23% 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 300% of any basket gain, up to a maximum settlement amount of between $1,211.50 and $1,248.70 for each $1,000 principal amount of notes. The exact cap will be set at pricing.

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.

The Cusip number is 90270KLB3.


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