New Issue: UBS sells $13.74 million capped buffer gears linked to Euro Stoxx 50

By Sarah Lizee

Olympia, Wash., May 31 – UBS AG, London Branch priced $13.74 million of 0% capped buffer gears due May 29, 2020 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 plus 3 times any index gain, up to a maximum return of 31.59%.

Investors will receive par if the index falls by up to 15% and will be exposed to any losses beyond 15%.

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

Issuer:	UBS AG, London Branch
Issue:	Capped buffer gears
Underlying index:	Euro Stoxx 50
Amount:	$13,742,000
Maturity:	May 29, 2020
Coupon:	0%
Price:	Par of $10
Payout at maturity:	If the index return is greater than zero, par plus 3 times the index return, capped at par plus 31.59%; par if the index declines by 15% or less; exposure to any decline in the index beyond 15%
Initial level:	3,428.14
Downside threshold:	2,913.92, 85% of initial level
Pricing date:	May 29
Settlement date:	May 31
Agents:	UBS Financial Services Inc. and UBS Investment Bank
Fees:	2%
Cusip:	90281A256

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