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Published on 7/6/2017 in the Prospect News Structured Products Daily.

New Issue: UBS prices $36.6 million capped leveraged notes linked to index basket

By Wendy Van Sickle

Columbus, Ohio, July 6 – UBS AG, London Branch priced $36.6 million of 0% capped leveraged notes due July 5, 2019 linked to a basket of indexes, according to a 424B2 filing with the Securities and Exchange Commission.

The basket consists of the Euro Stoxx 50 index with a 37% weight, the FTSE 100 index with a 23% weight, the Topix index with a 23% weight, the Swiss Market index with a 9% weight and the S&P/ASX 200 index with an 8% weight.

The payout at maturity will be par plus 5 times any basket gain, up to a maximum settlement amount of $1,355 for each $1,000 principal amount.

Investors will receive will lose 1% for each 1% decline in the basket.

UBS Securities LLC is the agent.

Issuer:UBS AG, London Branch
Issue:Capped leveraged notes
Underlying indexes:Euro Stoxx 50 index with a 37% weight, FTSE 100 index with a 23% weight, Topix index with a 23% weight, Swiss Market index with a 9% weight and S&P/ASX 200 index with an 8% weight
Amount:$36,596,000
Maturity:July 5, 2019
Coupon:0%
Price:Par
Payout at maturity:Par plus 500% of any basket gain, return capped at 35.5%; 1% loss for every 1% decline in basket
Initial levels:3,491.81 for Euro Stoxx, 7,377.09 for FTSE, 1,614.41 for Topix, 9,009.81 for Swiss Market, 5,684.486 for S&P/ASX
Pricing date:July 3
Settlement date:July 11
Agent:UBS Securities LLC
Fees:1.73%
Cusip:90270KKJ7

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