New Issue: UBS prices $7.46 million capped gears linked to Euro Stoxx 50

By Angela McDaniels

Tacoma, Wash., April 30 – UBS AG, London Branch priced $7.46 million of 0% capped gears due June 30, 2020 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 of $10 plus five times the index return, subject to a maximum return of 30.15%. If the index return is negative, investors will have one-to-one exposure to the decline.

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

Issuer:	UBS AG, London Branch
Issue:	Capped gears
Underlying index:	Euro Stoxx 50
Amount:	$7,455,000
Maturity:	June 30, 2020
Coupon:	0%
Price:	Par of $10
Payout at maturity:	If index return is greater than zero, par plus five times index return, subject to 30.15% maximum return; one-to-one exposure to any index decline
Initial index level:	3,500.41
Pricing date:	April 26
Settlement date:	April 30
Underwriters:	UBS Financial Services Inc. and UBS Investment Bank
Fees:	2%
Cusip:	90281C765

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