New Issue: UBS sells $12.45 million capped gears linked to Euro Stoxx 50

By Marisa Wong

Morgantown, W.Va., April 10 – UBS AG, London Branch priced $12.45 million of 0% capped gears due May 31, 2018 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus 3 times any index gain, up to a maximum return of 27%.

Investors will be exposed to any losses.

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

Issuer:	UBS AG, London Branch
Issue:	Capped gears
Underlying index:	Euro Stoxx 50
Amount:	$12,449,250
Maturity:	May 31, 2018
Coupon:	0%
Price:	Par of $10
Payout at maturity:	Par plus 3 times any index gain, up to a maximum return of 27%; investors will be exposed to any losses
Initial level:	3,475.27
Pricing date:	March 29
Settlement date:	March 31
Agents:	UBS Financial Services Inc. and UBS Investment Bank
Fees:	2%
Cusip:	90280M715

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