New Issue: UBS sells $1.99 million two-year capped buffer gears tied to Euro Stoxx

By Marisa Wong

Morgantown, W.Va., April 13 – UBS AG, London Branch priced $1.99 million of 0% capped buffer gears due March 31, 2020 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 double any index gain, up to a maximum return of 64.2%.

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.

Issuer:	UBS AG, London Branch
Issue:	Capped buffer gears
Underlying index:	Euro Stoxx 50
Amount:	$1,986,960
Maturity:	March 31, 2020
Coupon:	0%
Price:	Par of $10
Payout at maturity:	If the index return is greater than zero, par plus 2 times the index return, capped at par plus 64.2%; par if the index declines by 10% or less; exposure to any decline in the index beyond 10%
Initial level:	3,316.95
Downside threshold:	2,985.26, 90% of initial level
Pricing date:	March 27
Settlement date:	March 29
Agents:	UBS Financial Services Inc. and UBS Investment Bank
Fees:	2%
Cusip:	90280Y529

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