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Published on 4/16/2018 in the Prospect News Structured Products Daily.

New Issue: UBS prices $5.33 million of capped leveraged notes tied to index basket

By Susanna Moon

Chicago, April 16 – UBS AG, London Branch priced $5.33 million of 0% capped leveraged notes due Oct. 9, 2019 linked to a basket of indexes, according to a 424B2 filing with the Securities and Exchange Commission.

The basket includes the Euro Stoxx 50 index with a 37% weight, the FTSE 100 index with a 23% weight, the Tokyo Stock Price 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 triple any basket gain, up to a maximum settlement amount of $1,435 for each $1,000 principal amount.

Investors will be exposed to any losses.

UBS Securities LLC is the agent.

Issuer:UBS AG, London Branch
Issue:Capped leveraged notes
Underlying basket:Euro Stoxx 50 (37% weight), FTSE 100 (23% weight), Tokyo Stock Price (23% weight), Swiss Market (9% weight) and S&P/ASX 200 (8% weight)
Amount:$5,326,000
Maturity:Oct. 9, 2019
Coupon:0%
Price:Par
Payout at maturity:Par plus 300% of any basket gain, capped at 43.5%; 1% loss per 1% decline
Initial levels:3,408.10 for Stoxx, 7,183.64 for FTSE, 1,719.30 for Topix, 8,671.04 for Swiss Market and 5,788.739 for S&P/ASX
Pricing date:April 6
Settlement date:April 13
Agent:UBS Securities LLC
Fees:1.53%
Cusip:90270KQV4

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