By Angela McDaniels
Tacoma, Wash., Jan. 29 – UBS AG, London Branch priced $3.1 million of 0% trigger performance securities due Jan. 30, 2026 linked to the Bloomberg Commodity Index 3 Month Forward, according to a 424B2 filing with the Securities and Exchange Commission.
If the index return is positive, the payout at maturity will be par of $10 plus 180% of the index return.
If the index return is zero or negative and the final level is greater than or equal to the trigger level, 70% of the initial level, the payout will be par.
If the final level is less than the trigger level, investors will be fully exposed to the decline in the index from its initial level.
UBS Financial Services Inc. and UBS Investment Bank are the underwriters.
| Issuer: | UBS AG, London Branch
|
| Issue: | Trigger performance securities
|
| Underlying index: | Bloomberg Commodity Index 3 Month Forward
|
| Amount: | $3,087,000
|
| Maturity: | Jan. 30, 2026
|
| Coupon: | 0%
|
| Price: | Par of $10
|
| Payout at maturity: | If index return is positive, par plus 180% of index return; par if index falls by up to 30%; full exposure to losses from initial level if index falls by more than 30%
|
| Initial level: | 174.47
|
| Trigger level: | 122.129, 70% of initial level
|
| Pricing date: | Jan. 27
|
| Settlement date: | Jan. 29
|
| Underwriters: | UBS Financial Services Inc. and UBS Investment Bank
|
| Fees: | 5%
|
| Cusip: | 90275L359
|
© 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.
