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Published on 8/24/2017 in the Prospect News Structured Products Daily.

New Issue: UBS prices $4.07 million leveraged notes linked to index basket

By Marisa Wong

Morgantown, W.Va., Aug. 24 – UBS AG, London Branch priced $4.07 million of 0% leveraged basket-linked notes due Feb. 22, 2019, according to a 424B2 filing with the Securities and Exchange Commission.

The underlying 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 182% of any basket gain.

Investors will be fully exposed to any basket decline.

UBS Securities LLC is the agent.

Issuer:UBS AG, London Branch
Issue:Leveraged notes
Underlying basket:Euro Stoxx 50 index (37%), FTSE 100 index (23% weight), Topix index (23% weight), Swiss Market index (9% weight) and S&P/ASX 200 index (8% weight)
Amount:$4.07 million
Maturity:Feb. 22, 2019
Coupon:0%
Price:Par
Payout at maturity:Par plus 182% of any basket gain; full exposure to losses
Initial index levels:3,461.97 for Stoxx, 7,387.87 for FTSE, 1,614.82 for Topix, 8,945.40 for Swiss Market, 5,779.207 for S&P/ASX
Pricing date:Aug. 17
Settlement date:Aug. 24
Underwriter:UBS Securities LLC
Fees:1.31%
Cusip:90270KMB2

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