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Published on 5/22/2018 in the Prospect News Structured Products Daily.

New Issue: UBS sells $8.17 million leveraged buffered notes linked to index basket

By Sarah Lizee

Olympia, Wash., May 22 – UBS AG, London Branch priced $8.17 million of 0% leveraged buffered notes due July 23, 2020 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 150% of any basket gain. Investors will receive par if the basket falls by up to 20% and will lose 1.25% for every 1% decline beyond 20%.

UBS Securities LLC is the agent.

Issuer:UBS AG, London Branch
Issue:Leveraged buffered notes
Underlying indexes:Euro Stoxx 50 index (37% weight), FTSE 100 index (23% weight), Topix index (23% weight), Swiss Market index (9% weight) and S&P/ASX 200 index (8% weight)
Amount:$8,168,000
Maturity:July 23, 2020
Coupon:0%
Price:Par
Payout at maturity:Par plus 150% of any basket gain; par if basket falls by up to 20%; 1.25% loss for every 1% drop beyond 20%
Initial levels:3,573.76 for Stoxx, 7,778.79 for FTSE, 1,815.25 for Topix, 8,940.46 for Swiss Market, 6,087.358 for S&P/ASX
Pricing date:May 18
Settlement date:May 25
Agent:UBS Securities LLC
Fees:2%
Cusip:90270KRX9

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