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UBS plans three-year capped trigger gears tied to Euro Stoxx 50 index
By Sarah Lizee
Olympia, Wash., Aug. 6 – UBS AG, London Branch plans to price 0% capped trigger gears due Aug. 31, 2021 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 of $10 plus 5 times any index gain, up to a maximum return of 56% to 60%.
Investors will receive par if the index falls by up to 30% and will be fully exposed to any losses if the index finishes below its 70% downside threshold.
UBS Investment Bank and UBS Financial Services Inc. are the agents.
The notes will price on Aug. 29 and settle on Aug. 31.
The Cusip number is 90281A702.
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