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Published on 9/19/2018 in the Prospect News Structured Products Daily.

New Issue: UBS sells $5.81 million capped trigger gears linked to Euro Stoxx 50

By Marisa Wong

Morgantown, W.Va., Sept. 19 – UBS AG, London Branch priced $5.81 million of 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.

If the index return is greater than zero, the payout at maturity will be par plus 5 times the index return, subject to a maximum gain of 58%.

If the index falls by up to 30%, the payout will be par.

Investors will lose 1% for every 1% decline below the initial level if the index finishes below the 70% downside threshold.

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:$5,814,500
Maturity:Aug. 31, 2021
Coupon:0%
Price:Par of $10
Payout at maturity:Par plus 5 times any index gain, capped at par plus 58%; par if index falls by up to 30%; otherwise, full exposure to losses
Initial level:3,456.13
Downside threshold:2,419.29, 70% of initial level
Pricing date:Aug. 29
Settlement date:Aug. 31
Agents:UBS Financial Services Inc. and UBS Investment Bank
Fees:2.5%
Cusip:90281A702

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