New Issue: UBS prices $2.73 million capped leveraged notes on S&P 500

By Wendy Van Sickle

Columbus, Ohio, Feb. 21 – UBS AG, London Branch priced $2.73 million of 0% capped leveraged notes due Aug. 23, 2021 linked to the S&P 500 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 $1,105 per $1,000 of notes.

Investors will be fully exposed to any decline in the index.

UBS Securities LLC is the agent.

Issuer:	UBS AG, London Branch
Issue:	Capped leveraged notes
Underlying index:	S&P 500
Amount:	$2,725,000
Maturity:	Aug. 23, 2021
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 150% of any index gain, subject to maximum settlement amount of $1,105 per $1,000 of notes; full exposure to loss.
Initial level:	Lowest of the closing levels of the underlier on each trading day from Feb. 19 through May 19
Pricing date:	Feb. 19
Settlement date:	Feb. 26
Agent:	UBS Securities LLC
Fees:	1.51%
Cusip:	90270K4G1

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