UBS Announces Mandatory Redemption of ETRACS Monthly Pay 2xLeveraged Diversified High Income ETN Due November 12, 2043
March 19, 2020
March 19, 2020
NEW YORK, March 19 -- UBS, a financial services provider, issued the following news release:
UBS Investment Bank announced that all outstanding notes of the Monthly Pay 2xLeveraged Diversified High Income ETN due November 12, 2043 (Ticker: DVHL) (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 on March 17, 2020 (the "Acceleration Date"), tr . . .
UBS Investment Bank announced that all outstanding notes of the Monthly Pay 2xLeveraged Diversified High Income ETN due November 12, 2043 (Ticker: DVHL) (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 on March 17, 2020 (the "Acceleration Date"), tr . . .