New Issue: UBS prices $1.51 million capped leveraged buffered notes on Energy Select

By Sarah Lizee

Olympia, Wash., May 14 – UBS AG, London Branch priced $1.51 million of 0% capped leveraged buffered notes due May 16, 2022 linked to the Energy Select Sector index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus 200% of any index gain, up to a maximum settlement amount of $1,332 per $1,000 of notes.

Investors will receive par if the index falls by up to 20% and will lose 1.25% for every 1% decline beyond 20%.

UBS Securities LLC is the agent.

Issuer:	UBS AG, London Branch
Issue:	Capped leveraged buffered notes
Underlying index:	Energy Select Sector
Amount:	$1,507,000
Maturity:	May 16, 2022
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 200% of any index gain, capped at par plus 33.2%; par if index falls by up to 20%; otherwise, 1.25% loss for every 1% decline beyond 20%
Initial level:	389.26
Buffer level:	311.408, 80% of initial level
Pricing date:	May 12
Settlement date:	May 19
Agent:	UBS Securities LLC
Fees:	1.73%
Cusip:	90276BCK7

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