New Issue: UBS sells $575,000 5.5-year buffer gears tied to Euro Stoxx 50

By Marisa Wong

Morgantown, W.Va., Jan. 29 – UBS AG, London Branch priced $575,000 of 0% buffer gears due July 26, 2024 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 2.65 times any index gain.

Investors will receive par if the index falls by up to 30% and will be exposed to any losses beyond 30%.

UBS Financial Services Inc. and UBS Investment Bank are the agents.

Issuer:	UBS AG, London Branch
Issue:	Buffer gears
Underlying index:	Euro Stoxx 50
Amount:	$575,000
Maturity:	July 26, 2024
Coupon:	0%
Price:	Par
Payout at maturity:	If the index return is greater than zero, par plus 2.65 times the index return; par if the index declines by 30% or less; exposure to any decline in the index beyond 30%
Initial level:	3,112.13
Downside threshold:	2,178.49, 70% of initial level
Pricing date:	Jan. 23
Settlement date:	Jan. 28
Agents:	UBS Financial Services Inc. and UBS Investment Bank
Fees:	3%
Cusip:	90270KWT2

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