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Published on 8/1/2017 in the Prospect News Structured Products Daily.

New Issue: UBS prices $2.45 million leveraged notes linked to index basket

By Angela McDaniels

Tacoma, Wash., Aug. 1 – UBS AG, London Branch priced $2.45 million of 0% leveraged notes due Aug. 1, 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.

If the basket return is positive, the payout at maturity will be par plus 209% of the basket return. If the basket return is negative, investors will have one-to-one exposure to the decline.

UBS Securities LLC is the agent.

Issuer:UBS AG, London Branch
Issue:Capped leveraged notes
Underlying indexes:Euro Stoxx 50 (37% weight), FTSE 100 (23% weight), Topix (23% weight), Swiss Market (9% weight) and S&P/ASX 200 (8% weight)
Amount:$2.45 million
Maturity:Aug. 1, 2019
Coupon:0%
Price:Par
Payout at maturity:If basket return is positive, par plus 209% of basket return; one-to-one exposure to decline if basket return is negative
Initial index levels:3,467.73 for Euro Stoxx 50; 7,368.37 for FTSE 100; 1,621.22 for Topix; 9,019.31 for Swiss Market; 5,702.818 for S&P/ASX 200
Pricing date:July 28
Settlement date:Aug. 4
Agent:UBS Securities LLC
Fees:2%
Cusip:90270KLS6

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