New Issue: UBS prices $814,000 leveraged buffered notes linked to iShares MSCI EM

By Susanna Moon

Chicago, Aug. 19 – UBS AG, London Branch priced $814,000 of 0% leveraged buffered notes due Aug. 17, 2017 tied to the iShares MSCI Emerging Markets exchange-traded fund, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus 1.4 times any fund gain, up to a maximum settlement amount of $1,334.60 for each $1,000 principal amount.

Investors will receive par if the fund falls by up to 15% and will lose 1.1765% for each 1% decline beyond 15%.

UBS Securities LLC is the underwriter.

Issuer:	UBS AG, London Branch
Issue:	Leveraged buffered notes
Underlying fund:	iShares MSCI Emerging Markets ETF
Amount:	$814,000
Maturity:	Aug. 17, 2017
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 140% of any fund gain, return capped at 33.46%; par if fund falls by up to 15%; 1.1765% loss per 1% decline beyond 15%
Initial level:	$35.53
Pricing date:	Aug. 14
Settlement date:	Aug. 21
Underwriter:	UBS Securities LLC
Fees:	None
Cusip:	90270KFQ7

© 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.