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UBS plans to price capped leveraged buffered notes linked to MSCI EAFE
By Angela McDaniels
Tacoma, Wash., July 15 – UBS AG, London Branch plans to price 0% capped leveraged buffered notes linked to the MSCI EAFE index, according to a 424B2 filing with the Securities and Exchange Commission.
The tenor of the notes is expected to be 14 to 16 months and will be set at pricing.
If the index return is positive, the payout at maturity will be par plus 1.4 times the index return, subject to a maximum settlement amount that is expected to be $1,130.20 to $1,152.60 for each $1,000 principal amount of notes and will be set at pricing. Investors will receive par if the index declines by 12.5% or less and will lose 1.1429% for every 1% that the index declines beyond 12.5%.
UBS Securities LLC is the agent.
The notes will price July 21.
The Cusip number is 90270KGW3.
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