Published on 7/18/2023 in the Prospect News Structured Products Daily.
New Issue: UBS prices $197,000 capped leveraged buffered notes linked to MSCI EAFE
By Angela McDaniels
Tacoma, Wash., July 18 – UBS AG, London Branch priced $197,000 of 0% capped leveraged buffered notes due Nov. 22, 2023 linked to the MSCI EAFE index, according to a 424B2 filing with the Securities and Exchange Commission.
If the final index level is greater than the initial index level, the payout at maturity will be par plus 180% of the index return, subject to a maximum return of 19.8%. Investors will receive par if the index declines by up to 10% and will lose 1.1111% for every 1% that the index declines beyond 10%.
UBS Securities LLC is the agent.
Issuer: | UBS AG, London Branch
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Issue: | Capped leveraged buffered notes
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Underlying index: | MSCI EAFE
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Amount: | $197,000
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Maturity: | Nov. 22, 2023
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Coupon: | 0%
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Price: | Par
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Payout at maturity: | If final index level is greater than initial index level, par plus 180% of index return, subject to maximum return of 19.8%; par if index declines by up to 10%; 1.1111% loss for every 1% that index declines beyond 10%
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Initial level: | 1,838.44
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Buffer level: | 1,654.596, or 90% of initial level
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Pricing date: | Sept. 13, 2022
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Settlement date: | Sept. 20, 2022
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Agent: | UBS Securities LLC
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Fees: | 0%
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Cusip: | 90279FUA7
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