Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers U > Headlines for UBS AG, London Branch > News item |
UBS plans return optimization securities due 2015 linked to 17 stocks
By Jennifer Chiou
New York, Jan. 8 - UBS AG, London Branch plans to price 0% return optimization securities due Feb. 27, 2015 linked to a basket of 17 equally weighted stocks, according to an FWP with the Securities and Exchange Commission.
The underlying stocks are the Agilent Technologies, Inc., Autodesk, Inc., Applied Materials, Inc., Boeing Co., Check Point Software Technologies Ltd., Cisco Systems, Inc., E. I. du Pont de Nemours and Co., Danaher Corp., Emerson Electric Co., Intel Corp., Ingersoll-Rand plc, JPMorgan Chase & Co., Oracle Corp., PNC Financial Services Group, Inc., SBA Communications Corp., Tyco International Ltd. and United Technologies Corp.
The payout at maturity will be par plus triple any basket gain, up to a maximum return of 11% to 13.5%. The exact cap will be set at pricing.
Investors will be exposed to any losses.
The notes (Cusip: 90271T273) are expected to price on Jan. 28 and settle on Jan. 31.
UBS Financial Services Inc. and UBS Investment Bank are the agents.
© 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.