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Published on 6/8/2017 in the Prospect News Structured Products Daily.

New Issue: UBS sells $339,820 capped gears linked to MSCI EAFE

By Marisa Wong

Morgantown, W.Va., June 8 – UBS AG, London Branch priced $339,820 of 0% capped gears due July 31, 2018 linked to the MSCI EAFE index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index return is greater than zero, the payout at maturity will be par plus three times the index return, subject to a maximum return of 10.8%. If the index return is less than zero, investors will have full exposure to the decline.

UBS Financial Services Inc. and UBS Investment Bank are the agents.

Issuer:UBS AG, London Branch
Issue:Capped gears
Underlying index:MSCI EAFE
Amount:$339,820
Maturity:July 31, 2018
Coupon:0%
Price:Par of $10
Payout at maturity:Par plus 3 times any index gain, capped at 10.8%; full exposure to any losses
Initial level:1,885.37
Pricing date:May 26
Settlement date:May 31
Agents:UBS Financial Services Inc. and UBS Investment Bank
Fees:2%
Cusip:90280V293

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