| Add to balance / Manage account | User: | Log out |
| Prospect News home > News index > List of issuers U > Headlines for UBS AG, London Branch > News item |
UBS plans 14-month capped gears linked to Euro Stoxx banks index
New York, Nov. 3 – UBS AG, London Branch plans to price 0% capped gears due Jan. 31, 2019 linked to the Euro Stoxx Banks index, according to a 424B2 filing with the Securities and Exchange Commission.
If the index finishes above its initial level, the payout at maturity will be par plus triple the gain, up to a maximum gain of par plus 29% to 32%. The exact cap will be set at pricing.
If the index return is negative, investors will lose 1% for each 1% decline.
UBS Securities LLC and UBS Investment Bank are the bookrunners.
The notes will price on Nov. 28 and settle on Nov. 30.
The Cusip is 90280X596.
© 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.