E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Add to balance / Manage account  User:  Log out
Prospect News home > News index > List of issuers U > Headlines for UBS AG > News item
Published on 10/8/2008 in the Prospect News Structured Products Daily.

UBS to price protected notes linked to strengthening Chinese renminbi

By Jennifer Chiou

New York, Oct. 8 - UBS AG plans to price 100% principal protection notes due Oct. 31, 2011 linked to a strengthening Chinese renminbi versus the dollar, according to an FWP filing with the Securities and Exchange Commission.

If the currency return is positive, investors will receive the gain times a participation rate of 115% to 145%. Investors will receive at least par.

The notes will price on Oct. 24 and settle on Oct. 30.

UBS Investment Bank is the underwriter.


© 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.