UBS plans capped gears linked to an equally weighted basket of 15 stocks

By Emma Trincal

New York, Aug. 10 – UBS AG, London Branch plans to price 0% capped gears due Aug. 15, 2025 linked to an equally weighted basket of 15 stocks, according to a 424B2 filing with the Securities and Exchange Commission.

The basket includes the common stocks of Analog Devices, Inc., Albemarle Corp., Advanced Micro Devices, Inc., Aptiv PLC, Ford Motor Co., General Motors Co., Microchip Technology Inc., Nvidia Corp., NXP Semiconductors N.V., Plug Power Inc., Skyworks Solutions, Inc., TE Connectivity Ltd., Tesla, Inc., Texas Instruments Inc. and Uber Technologies Inc.

The payout at maturity will be par plus two times any basket gain, up to a maximum return of par plus 50% to 55%. The exact maximum return will be set at pricing.

If the basket falls by up to 30%, the payout will be par.

Otherwise, investors will lose 1% for each 1% decline from the initial basket level.

UBS Securities LLC and UBS Investment Bank LLC are the agents.

The notes will price on Thursday and settle on Aug. 17.

The Cusip number is 90279B639.

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