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UBS plans three-year capped trigger gears tied to Euro Stoxx 50
By Susanna Moon
Chicago, Oct. 24 – UBS AG, London Branch plans to price 0% trigger gears due Oct. 29, 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 plus 5 times any index gain, up to a maximum return of 58.25% to 61.25%.
If the index falls by up to 30%, the payout will be par.
If the index finishes below the 70% downside threshold, investors will lose 1% for every 1% decline.
UBS Financial Services Inc. and UBS Investment Bank are the agents.
The notes will price on Oct. 29 and settle on Oct. 31.
The Cusip number is 90281B288.
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