Published on 6/20/2018 in the Prospect News Structured Products Daily.
New Issue: UBS prices $200,000 return optimization securities tied to Amazon.com
New York, June 20 – UBS AG, London Branch priced $200,000 of return optimization securities due June 25, 2019 linked to the common stock of Amazon.com, Inc., according to a 424B2 filing with the Securities and Exchange Commission.
If Amazon.com stock closes at or above the initial price, the payout at maturity will be par plus three times any gain in common stock of Amazon.com capped at 20.77%.
Investors will share in any losses.
UBS Financial Services Inc. and UBS Investment Bank are the underwriters.
Issuer: | UBS AG, London Branch
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Issue: | Return optimization securities
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Underlying stock: | Amazon.com, Inc. (Nasdaq: AMZN)
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Amount: | $200,000
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Maturity: | June 25, 2019
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Coupon: | 0%
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Price: | Par of $10
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Payout at maturity: | Par plus three times any gain in common stock of Amazon.com, capped at 20.77%; otherwise, exposure to any losses
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Initial share price: | $1750.08
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Pricing date: | June 20
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Settlement date: | June 22
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Underwriters: | UBS Financial Services Inc. and UBS Investment Bank
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Fees: | 2%
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Cusip: | 90284L838
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