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UBS plans to price capped gears due 2020 tied to Euro Stoxx 50 index
By Wendy Van Sickle
Columbus, Ohio, March 21 – UBS AG, London Branch plans to price 0% capped 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 of $10 plus triple any index gain, up to a maximum gain of 43.5% to 46%.
Investors will be exposed to any losses.
UBS Investment Bank and UBS Financial Services Inc. are the agents.
The notes will price on March 27.
The Cusip number is 90281C500.
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