Published on 1/11/2022 in the Prospect News Structured Products Daily.
New Issue: UBS sells $3.68 million capped leveraged notes tied to index basket
By William Gullotti
Buffalo, N.Y., Jan. 11 – UBS AG, London Branch priced $3.68 million of 0% capped leveraged notes due July 21, 2023 linked to a basket of indexes, according to a 424B2 filing with the Securities and Exchange Commission.
The basket consists of the Euro Stoxx 50 index with a 36% weight, the Topix index with a 29% weight, the FTSE 100 index with a 16% weight, the Swiss Market index with an 11% weight and the S&P/ASX 200 index with an 8% weight.
The payout at maturity will be par plus 300% of any basket gain up to a maximum settlement amount of $1,276.60 for each $1,000 principal amount.
Investors will lose 1% for each 1% decline from initial level.
UBS Securities LLC is the agent.
Issuer: | UBS AG, London Branch
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Issue: | Capped leveraged notes
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Underlying basket: | Euro Stoxx 50 index (36% weight), Topix index (29% weight), FTSE 100 index (16% weight), Swiss Market index (11% weight) and S&P/ASX 200 index (8% weight)
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Amount: | $3,677,000
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Maturity: | July 21, 2023
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Coupon: | 0%
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Price: | Par
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Payout at maturity: | Par plus 300% of any basket gain up to maximum settlement amount of $1,276.60 for each $1,000 face amount; otherwise, full exposure to any basket decline
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Initial index levels: | 4,306.07 for Euro Stoxx, 1,992.33 for Topix, 7,403.01 for FTSE, 12,875.66 for Swiss Market and 7,513.373 for S&P/ASX
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Pricing date: | Dec. 30
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Settlement date: | Jan. 6
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Agent: | UBS Securities LLC
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Fees: | None
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Cusip: | 90279DSR8
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