New Issue: UBS sells $13.97 million index-linked notes tied to Euro Stoxx 50

By Marisa Wong

Morgantown, W.Va., May 29 – UBS AG, London Branch priced $13.97 million of 0% index-linked notes due May 26, 2021 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index return is zero or positive, the payout at maturity will be the greater of the threshold settlement amount, $1,430.70 per $1,000 principal amount, and par plus the index return.

If the index falls by up to 15%, the payout will be par.

Otherwise, investors will lose 1.1765% for every 1% decline beyond 15%.

UBS Securities LLC is the agent.

Issuer:	UBS AG, London Branch
Issue:	Index-linked notes
Underlying index:	Euro Stoxx 50
Amount:	$13,971,000
Maturity:	May 26, 2021
Coupon:	0%
Price:	Par
Payout at maturity:	If the index return is zero or positive, greater of the threshold settlement amount, $1,430.70 per $1,000 principal amount, and par plus the index return; if the index falls by up to 15%, par; otherwise, 1.1765% loss for every 1% decline beyond 15%
Initial index level:	3,587.25
Pricing date:	May 22
Settlement date:	May 30
Agents:	UBS Securities LLC and UBS Investment Bank
Fees:	2.6%
Cusip:	90270KRR2

© 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.