March 24, 2020 / 1:34 PM / 10 days ago

BRIEF-UBS Suspends Further Sales Of ETRACS Proshares Daily 3X Long Crude Etn Linked To The Bloomberg WTI Crude Oil Subindex ER Due January 4, 2047

March 24 (Reuters) - UBS AG:

* UBS SUSPENDS FURTHER SALES OF ETRACS PROSHARES DAILY 3X LONG CRUDE ETN LINKED TO THE BLOOMBERG WTI CRUDE OIL SUBINDEX ER DUE JANUARY 4, 2047

* UBS SUSPENDS FURTHER SALES OF ETRACS PROSHARES DAILY 3X LONG CRUDE ETN LINKED TO THE BLOOMBERG WTI CRUDE OIL SUBINDEX ER DUE JANUARY 4, 2047

* UBS AG - SUSPENSION OF FURTHER SALES WILL REMAIN IN EFFECT UNTIL REDEMPTION OF SECURITIES ON CALL SETTLEMENT DATE

* UBS AG - DOES NOT INTEND TO MAKE FUTURE SALES OF PREVIOUSLY ISSUED BUT UNSOLD SECURITIES Source text for Eikon: Further company coverage:

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