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 6/25/2019 in the Prospect News Structured Products Daily.

New Issue: UBS prices $100,000 buffered return optimization securities linked to Transocean

New York, June 25 – UBS AG, London Branch priced $100,000 of buffered return optimization securities due June 30, 2020 linked to Transocean Ltd. stock, according to a 424B2 filing with the Securities and Exchange Commission.

If Transocean stock closes at or above its initial price, the payout at maturity will be par plus five times any gain, capped at par plus 18.49%.

If Transocean stock declines by up to 25%, the payout will be par. Investors will be exposed to any losses beyond 25%.

The agent is UBS Financial Services Inc. and UBS Investment Bank.

Issuer:UBS AG, London Branch
Issue:Buffered return optimization securities
Underlying stock:Transocean Ltd. (NYSE: RIG)
Amount:$100,000
Maturity:June 30, 2020
Coupon:0%
Price:Par of $10
Payout at maturity:Par plus five times return of Transocean stock, capped at 18.49%; par if stock declines by up to 25%; exposure to losses beyond 25%
Initial share price:$6.19
Pricing date:June 25
Settlement date:June 27
Agents:UBS Financial Services Inc. and UBS Investment Bank
Fees:2%
Cusip:90287W468

© 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.