Page 2 - Adjustment Factor News Today

Hospitals and health systems across the country closed 2021 dealing with both rising volumes and ballooning expenses, as COVID-19 cases climbed to new heights, causing critical labor shortages and supply chain issues. Many organizations ended the year in better financial shape than at the end of 2020, but overall hospital performance is still stuck below pre-pandemic levels in

90269A260 * The table above provides a hyperlink to the relevant prospectus supplement for each of the ETRACS ETNs that is the subject of this communication. In addition, the below adjustments have been made after market close on the Effective Date. BDCZ ETN: - the Initial Index Level of the ETN has been adjusted to be equal to the Index Closing Level of the Successor Index on the Effective Date, times an Adjustment Factor. The Adjustment Factor was equal to the original Initial Index Level div...