New Issue: UBS sells $860,000 14-month capped gears tied to Euro Stoxx Banks

By Wendy Van Sickle

Columbus, Ohio, March 1 – UBS AG, London Branch priced $860,000 of 0% capped gears due April 30, 2019 linked to the Euro Stoxx Banks index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus triple any index gain, up to a maximum gain of 33.48%.

Investors will be exposed to any losses.

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

Issuer:	UBS AG, London Branch
Issue:	Capped gears
Underlying index:	Euro Stoxx Banks
Amount:	$860,000
Maturity:	April 30, 2019
Coupon:	0%
Price:	Par of $10
Payout at maturity:	Par plus 300% of any index gain, capped at 33.48%; exposure to any losses
Initial level:	134.11
Pricing date:	Feb. 26
Settlement date:	Feb. 28
Agents:	UBS Financial Services Inc. and UBS Investment Bank
Fees:	2%
Cusip:	90280Y339

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