New Issue: UBS prices $210,000 return optimization securities on Wynn Resorts

New York, Aug. 28 – UBS AG, London Branch priced $210,000 of return optimization securities due Sept. 3, 2025 linked to the common stock of Wynn Resorts, Ltd., according to a 424B2 filing with the Securities and Exchange Commission.

If Wynn Resorts stock closes at or above the initial price, the payout at maturity will be par plus five times any gain in common stock of Wynn Resorts capped at 156.14%.

Investors will share in any losses.

UBS Financial Services Inc. and UBS Investment Bank are the underwriters.

Issuer:	UBS AG, London Branch
Issue:	Return optimization securities
Underlying stock:	Wynn Resorts, Ltd. (Nasdaq: WYNN)
Amount:	$210,000
Maturity:	Sept. 3, 2025
Coupon:	0%
Price:	Par of $10
Payout at maturity:	Par plus five times any gain in common stock of Wynn Resorts, capped at 156.14%; otherwise, exposure to any losses
Initial share price:	$91.55
Pricing date:	Aug. 28
Settlement date:	Sept. 1
Underwriters:	UBS Financial Services Inc. and UBS Investment Bank
Fees:	3.5%
Cusip:	90281R754

© 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.