New Issue: UBS prices $2.5 million capped leveraged buffered index-linked notes on Russell

By William Gullotti

Buffalo, N.Y., Feb. 26 – UBS AG, London Branch priced $2.5 million of 0% capped leveraged buffered index-linked notes due March 12, 2025 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 150% of any index gain, up to a maximum settlement amount of par plus 14.625%.

Investors will receive par if the index falls by up to 15% and will lose 1.1765% for every 1% decline beyond 15%.

UBS Securities LLC is the agent. iCapital Markets LLC is acting as dealer.

Issuer:	UBS AG, London Branch
Issue:	Capped leveraged buffered index-linked notes
Underlying index:	Russell 2000 index
Amount:	$2.5 million
Maturity:	March 12, 2025
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 150% of any index gain, capped at par plus 14.625%; par if index falls by up to 15%; otherwise, 1.1765% loss for every 1% decline beyond 15%
Initial level:	1,979.699
Buffer level:	1,682.74415; 85% of initial level
Strike date:	Feb. 8
Pricing date:	Feb. 12
Settlement date:	Feb. 20
Agent:	UBS Securities LLC
Dealer:	iCapital Markets LLC
Fees:	1.09%
Cusip:	90279W3T9

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