New Issue: UBS prices $15.44 million of buffered PLUS due 2020 tied to Euro Stoxx 50

By Wendy Van Sickle

Columbus, Ohio, Dec. 7 – UBS AG, London Branch priced $15.44million of 0% buffered Performance Leveraged Upside Securities due Dec. 3, 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 payout of $14.50 per $10.00 PLUS.

Investors will receive par if the index falls by up to 15% and will be fully exposed to any losses beyond the buffer.

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

Issuer:	UBS AG, London Branch
Issue:	Buffered Performance Leveraged Upside Securities
Underlying index:	Euro Stoxx 50 index
Amount:	$15,436,280
Maturity:	Dec. 3, 2020
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 2 times any index gain, capped at 45%; par if index declines by up to 15%; 1% loss per 1% decline beyond 15%
Initial value:	3,173.13
Pricing date:	Nov. 30
Settlement date:	Dec. 5
Agent:	UBS Securities LLC with Morgan Stanley Wealth Management as distributor
Fees:	2.5%
Cusip:	90281B536

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