UBS plans five-year trigger gears with no cap linked to Euro Stoxx 50

By Susanna Moon

Chicago, Jan. 11 – UBS AG, London Branch plans to price 0% trigger gears due Jan. 31, 2022 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 2 to 2.1 times any index gain, with the exact upside gearing to be set at pricing.

Investors will receive par if the index falls by up to 30% and will be fully exposed to any losses if the index finishes below the 70% trigger level.

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

The notes will price on Jan. 27 and settle on Jan. 31.

The Cusip number is 90280M368.

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