New Issue: UBS sells $17.22 million capped leveraged buffered notes on S&P 500

By Marisa Wong

Morgantown, W.Va., Jan. 12 – UBS AG, London Branch priced $17.22 million of 0% capped leveraged buffered notes due April 16, 2020 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus 150% of any index gain, up to a maximum settlement amount of $1,231 per $1,000 of notes.

Investors will receive par if the index falls by up to 15% and will lose 1.1765% for each 1% decline beyond 15%.

UBS Securities LLC is the agent.

Issuer:	UBS AG, London Branch
Issue:	Capped leveraged buffered notes
Underlying index:	S&P 500
Amount:	$17,219,000
Maturity:	April 16, 2020
Coupon:	0%
Price:	Par of $1,000
Payout at maturity:	Par plus 150% of any index gain, subject to $1,231 maximum settlement amount; par if index falls by up to 15%; 1.1765% loss for each 1% decline beyond 15%
Initial level:	2,748.23
Pricing date:	Jan. 10
Settlement date:	Jan. 18
Agent:	UBS Securities LLC
Fees:	None
Cusip:	90270KPR4

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