UBS plans to price capped buffer gears due 2020 linked to the Dow

By Sarah Lizee

Olympia, Wash., March 28 – UBS AG, London Branch plans to price 0% capped buffer gears due Oct. 26, 2020 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 2 times any index gain, up to a maximum return of 16.5%.

Investors will receive par if the index falls by up to 10% and will be exposed to any losses beyond 10%.

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

The notes will price on April 18.

The Cusip number is 90270KZD4.

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