New Issue: UBS prices $2.91 million trigger PLUS due 2022 tied to Euro Stoxx 50

By Marisa Wong

Morgantown, W.Va., Nov. 7 – UBS AG, London Branch priced $2.91 million of 0% trigger Performance Leveraged Upside Securities due Nov. 3, 2022 linked to the Euro Stoxx 50 index, according to a 424B5 filed with the Securities and Exchange Commission.

The payout at maturity will be par plus 265% of any index gain.

Investors will receive par if the index falls by up to 35% and will be fully exposed to any losses if the index finishes below its 65% trigger level.

UBS Securities LLC is the agent with distribution through Morgan Stanley Wealth Management.

Issuer:	UBS AG, London Branch
Issue:	Trigger Performance Leveraged Upside Securities
Underlying index:	Euro Stoxx 50 index
Amount:	$2,905,110
Maturity:	Nov. 3, 2022
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 265% of any index gain; if index falls by up to 35%, par; otherwise, 1% loss per 1% decline
Initial level:	3,197.51
Trigger level:	2,078.38, 65% of initial level
Pricing date:	Oct. 31
Settlement date:	Nov. 5
Agent:	UBS Securities LLC with distribution through Morgan Stanley Wealth Management
Fees:	3%
Cusip:	90281B239

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