New Issue: UBS prices $869,000 capped buffer gears linked to Dow

By William Gullotti

Buffalo, N.Y., Aug. 5 – UBS AG, London Branch priced $869,000 of 0% capped buffer gears due Dec. 8, 2022 linked to the Dow Jones industrial average, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus double any index gain, capped at par plus 11%.

Investors will receive par if the index falls by up to 10% and will lose 1% for every 1% decline beyond 10%.

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

Issuer:	UBS AG, London Branch
Issue:	Capped buffer gears
Underlying index:	Dow Jones industrial average
Amount:	$869,000
Maturity:	Dec. 8, 2022
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus two times any index gain, capped at par plus 11%; par if index falls by up to 10%; 1% loss for every 1% decline beyond buffer
Initial level:	34,756.39
Downside threshold:	31,280.75; 90% of initial level
Pricing date:	June 4
Settlement date:	June 9
Agents:	UBS Financial Services Inc. and UBS Investment Bank
Fees:	1.5%
Cusip:	90276BL68

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