UBS eyes capped gears due April 2018 linked to Euro Stoxx 50

By Lisa Mayntz

Chicago, Feb. 23 – UBS AG, London Branch plans to price capped gears due April 30, 2018 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 return of 20.5% to 23.5%. The exact cap will be set at pricing.

Investors will be exposed to any losses.

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

The notes will price on Feb. 24 and settle on Feb. 28.

The Cusip number is 90280M533.

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