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UBS to price jump securities due 2021 on iShares China Large-Cap ETF
By Sarah Lizee
Olympia, Wash., Feb. 26 – UBS AG London Branch plans to price 0% jump securities due June 3, 2021 linked to the iShares China Large-Cap ETF, according to a 424B2 filing with the Securities and Exchange Commission.
If the ETF finishes at or above the initial level, the payout at maturity will be par plus 16.15%.
If the ETF return is negative, investors will be fully exposed to the decline.
UBS Securities LLC is the agent with Morgan Stanley Wealth Management handling distribution.
The notes will price on Feb. 28.
The Cusip number is 90281G709.
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