By Marisa Wong
Morgantown, W.Va., March 9 – UBS AG, London Branch priced $2.01 million of 0% capped trigger gears due Feb. 26, 2021 linked to the Bloomberg Commodity Index 3 Month Forward, according to a 424B2 filing with the Securities and Exchange Commission.
The payout at maturity will be par of $10 plus double any index gain, up to a maximum return of 27%.
Investors will receive par if the index falls by up to 20% and will be fully exposed to any losses if the index finishes below the 80% downside threshold level.
UBS Financial Services Inc. and UBS Investment Bank are the agents.
| Issuer: | UBS AG, London Branch
|
| Issue: | Capped trigger gears
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| Underlying index: | Bloomberg Commodity Index 3 Month Forward
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| Amount: | $2.01 million
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| Maturity: | Feb. 26, 2021
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| Coupon: | 0%
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| Price: | Par of $10
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| Payout at maturity: | Par plus 2 times any index gain, capped at par plus 27%; par if index falls by up to 20%; full exposure to any losses if index finishes below downside threshold
|
| Initial level: | 212.4659
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| Downside threshold: | 169.9727, 80% of initial level
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| Pricing date: | Feb. 26
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| Settlement date: | Feb. 28
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| Agents: | UBS Financial Services Inc. and UBS Investment Bank
|
| Fees: | 2.5%
|
| Cusip: | 90280Y495
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