UBS to price capped trigger gears linked to Bloomberg Commodity

By Marisa Wong

Morgantown, W.Va., Feb. 23 – UBS AG, London Branch plans to price 0% capped trigger gears due Feb. 26, 2021 linked to the Bloomberg Commodity Index 3 Month Forward, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par of $10 plus double any index gain, up to a maximum return of 27%.

Investors will receive par if the index falls by up to 20% and will be fully exposed to any losses if the index finishes below the 80% downside threshold level.

UBS Financial Services Inc. and UBS Investment Bank are the agents.

The notes will price on Feb. 26.

The Cusip number is 90280Y495.

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