New Issue: UBS prices $6.58 million capped gears linked to Stoxx

By Sarah Lizee

Olympia, Wash., Jan. 6 – UBS AG, London Branch priced $6.58 million of 0% capped gears due Feb. 26, 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 of $10 plus 3 times any index gain, up to a maximum return of 20.91%.

If the index finishes flat, the payout will be par. Otherwise, investors will receive 1% for every 1% decline of the index.

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

Issuer:	UBS AG, London Branch
Issue:	Capped gears
Underlying index:	Euro Stoxx 50
Amount:	$6,583,480
Maturity:	Feb. 26, 2021
Coupon:	0%
Price:	Par of $10
Payout at maturity:	Par plus 3 times any index gain, up to a maximum return of 20.91%; par if index finishes flat; otherwise, 1% for every 1% decline of index
Initial index level:	3,782.27
Pricing date:	Dec. 27
Settlement date:	Dec. 31
Agents:	UBS Financial Services Inc. and UBS Investment Bank
Fees:	2%
Cusip:	90281F628

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