UBS to price trigger autocallable notes on Russell 2000, Euro Stoxx

By Marisa Wong

Morgantown, W.Va., June 27 – UBS AG, London Branch plans to price 0% trigger autocallable notes due July 1, 2022 linked to the least performing of the Russell 2000 index and the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes will be called at par plus a call return of 10.5% to 11.5% per year if each index closes at or above the initial level on any quarterly observation date.

If the notes are not called and each index finishes at or above its 65% downside threshold, the payout at maturity will be par. Otherwise, investors will be fully exposed to the decline of the worse performing index.

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

The notes will price on June 28.

The Cusip number is 90270KKV0.

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