UBS Announces Mandatory Redemption of ETRACS 2xMonthly Leveraged Alerian MLP Infrastructure Index ETN Series B Due February 12, 2046
March 11, 2020
March 11, 2020
NEW YORK, March 11 -- UBS, a financial services provider, issued the following news release:
UBS Investment Bank announced that all outstanding notes of the 2xMonthly Leveraged Alerian MLP Infrastructure Index ETN Series B due February 12, 2046 (Ticker: MLPQ) (the "Securities") will be mandatorily redeemed in accordance with the terms of the Securities as a result of the occurrence of an Acceleration Upon Minimum Indicative Value, triggered as a result of the indicative va . . .
UBS Investment Bank announced that all outstanding notes of the 2xMonthly Leveraged Alerian MLP Infrastructure Index ETN Series B due February 12, 2046 (Ticker: MLPQ) (the "Securities") will be mandatorily redeemed in accordance with the terms of the Securities as a result of the occurrence of an Acceleration Upon Minimum Indicative Value, triggered as a result of the indicative va . . .