Published on 5/17/2022 in the Prospect News Structured Products Daily.
New Issue: UBS sells $161,000 capped buffer gears on MSCI Emerging Markets ETF
Chicago, May 17 – UBS AG, London Branch priced $161,000 of 0% capped buffer gears due Oct. 26, 2023 linked to the iShares MSCI Emerging Markets ETF, according to a 424B2 filing with the Securities and Exchange Commission.
The payout at maturity will be par plus 1.5 times the ETF return, capped at par plus 19.75%.
Investors will receive par if the ETF falls by up to 10% and will lose 1% for every 1% decline beyond 10%.
UBS Financial Services Inc. and UBS Investment Bank are the agents.
Issuer: | UBS AG, London Branch
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Issue: | Capped buffer gears
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Underlying ETF: | iShares MSCI Emerging Markets ETF
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Amount: | $161,000
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Maturity: | Oct. 26, 2023
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Coupon: | 0%
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Price: | Par
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Payout at maturity: | Par plus 1.5 times any ETF gain, capped at par plus 19.75%; par if ETF falls by up to 10%; 1% loss for every 1% decline beyond buffer
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Initial level: | $52.04
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Downside threshold: | $46.84, 90% of initial level
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Pricing date: | Oct. 22, 2021
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Settlement date: | Oct. 27, 2021
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Agents: | UBS Financial Services Inc. and UBS Investment Bank
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Fees: | 0%
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Cusip: | 90279DKT2
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