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UBS plans 14-month capped gears with 3x leverage tied to Euro Stoxx 50
By Susanna Moon
Chicago, April 21 – UBS AG, London Branch plans to price 0% capped gears due June 29, 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% to 30%. The exact cap will be set at pricing.
Investors will be exposed to any losses.
UBS Financial Services Inc. and UBS Investment Bank are the agents..
The notes will price on April 26.
The Cusip number is 90280M871.
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