New Issue: UBS prices $100,000 return optimization securities linked to Citigroup

New York, June 29 – UBS AG, London Branch priced $100,000 of return optimization securities due July 6, 2020 linked to the common stock of Citigroup Inc., according to a 424B2 filing with the Securities and Exchange Commission.

If Citigroup stock closes at or above the initial price, the payout at maturity will be par plus 1.25 times any gain in common stock of Citigroup capped at 88.54%.

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 stock:	Citigroup Inc. (NYSE: C)
Amount:	$100,000
Maturity:	July 6, 2020
Coupon:	0%
Price:	Par of $10
Payout at maturity:	Par plus 1.25 times any gain in common stock of Citigroup, capped at 88.54%; otherwise, exposure to any losses
Initial share price:	$54.88
Pricing date:	June 29
Settlement date:	July 2
Underwriters:	UBS Financial Services Inc. and UBS Investment Bank
Fees:	3.5%
Cusip:	90274X404

© 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.