New Issue: UBS prices $8.06 million capped gears linked to Russell

By Wendy Van Sickle

Columbus, Ohio, Sept. 1 – UBS AG, London Branch priced $8.06 million of 0% capped gears due Oct. 31, 2022 linked to the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus three times any index gain, up to a maximum return of par plus 15.6%.

Otherwise, investors will receive 1% for every 1% decline of the index.

UBS Securities LLC and UBS Investment Bank LLC are the agents.

Issuer:	UBS AG, London Branch
Issue:	Capped gears
Underlying index:	Russell 2000
Amount:	$8,058,420
Maturity:	Oct. 31, 2022
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus three times any index gain, up to a maximum return of par plus 15.6%; otherwise, 1% for every 1% decline of index
Initial index level:	2,213.979
Pricing date:	Aug. 26
Settlement date:	Aug. 31
Agents:	UBS Securities LLC and UBS Investment Bank
Fees:	2%
Cusip:	90276B795

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