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Published on 10/10/2017 in the Prospect News Structured Products Daily.

New Issue: UBS sells $6.50 million capped trigger gears linked to Euro Stoxx 50

By Marisa Wong

Morgantown, W.Va., Oct. 10 – UBS AG, London Branch priced $6,501,100 of 0% capped trigger gears due Sept. 30, 2020 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index return is greater than zero, the payout at maturity will be par of $10 plus 3 times the index return, subject to a maximum gain of 49.5%.

Investors will receive par if the index declines by 30% or less and be fully exposed to the index’s decline from its initial level if it declines by more than 30%.

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

Issuer:UBS AG, London Branch
Issue:Capped trigger gears
Underlying index:Euro Stoxx 50
Amount:$6,501,100
Maturity:Sept. 30, 2020
Coupon:0%
Price:Par of $10
Payout at maturity:If the index return is greater than zero, par plus 3 times the index return, subject to maximum gain of 49.5%; par if the index declines by 30% or less; full exposure to the index’s decline from its initial level if it declines by more than 30%
Initial level:3,555.17
Downside threshold:2,488.62, 70% of initial level
Pricing date:Sept. 27
Settlement date:Sept. 29
Agents:UBS Financial Services Inc. and UBS Investment Bank
Fees:2.5%
Cusip:90280X232

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