New Issue: UBS prices $2.78 million return optimization notes on iShares MSCI EM

By Marisa Wong

Madison, Wis., May 29 – UBS AG, London Branch priced $2.78 million of return optimization securities due June 30, 2016 linked to the iShares MSCI Emerging Markets exchange-traded fund, according to a 424B2 filing with the Securities and Exchange Commission.

If the ETF finishes at or above the initial share price, the payout at maturity will be par plus three times the ETF return, capped at 17.5%. Investors will share in any losses.

UBS Financial Services Inc. and UBS Investment Bank are the underwriters.

Issuer:	UBS AG, London Branch
Issue:	Return optimization securities
Underlying ETF:	iShares MSCI Emerging Markets ETF
Amount:	$2,784,100
Maturity:	June 30, 2016
Coupon:	0%
Price:	Par of $10
Payout at maturity:	If fund finishes at or above initial share price, par plus three times ETF return, capped at 17.5%; full exposure to losses
Initial share price:	$42.06
Pricing date:	May 26
Settlement date:	May 29
Underwriters:	UBS Financial Services Inc. and UBS Investment Bank
Fees:	2%
Cusip:	90274T304

© 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.