E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 8/7/2018 in the Prospect News Structured Products Daily.

UBS to price 32- to 37-month leveraged basket-linked notes on indexes

By Sarah Lizee

Olympia, Wash., Aug. 7 – UBS AG, London Branch plans to price 0% leveraged basket-linked notes due in 32 to 37 months, according to a 424B2 filing with the Securities and Exchange Commission.

The underlying basket consists of the Euro Stoxx 50 index with a 36% weight, the Topix index with a 27% weight, the 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 110% of any basket gain.

If the basket return is zero or negative, the payout will be par.

UBS Securities LLC is the agent.

The Cusip is 90270KTF6.


© 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.