New Issue: UBS prices $2.18 million capped buffer securities linked to S&P 500

By William Gullotti

Buffalo, N.Y., Sept. 7 – UBS AG, London Branch priced $2.18 million of 0% capped buffer securities due Sept. 9, 2024 linked to the performance of the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus the gain of the index, subject to a maximum payout of par plus 15.7%.

If the index declines up to 10%, investors will receive par. Otherwise, investors will lose 1% for every 1% decline of the index beyond 10%.

UBS Securities LLC and UBS Investment Bank are the agents.

Issuer:	UBS AG, London Branch
Issue:	Capped buffer securities
Underlying index:	S&P 500 index
Amount:	$2,176,000
Maturity:	Sept. 9, 2024
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus the gain of the index, capped at par plus 15.7%; if the index declines by up to 10%, par; otherwise, 1% loss for every 1% decline of the index beyond 10%
Initial level:	4,507.66
Threshold level:	4,056.89; 90% of initial level
Pricing date:	Aug. 31
Settlement date:	Sept. 6
Agents:	UBS Securities LLC and UBS Investment Bank
Fees:	0.5%
Cusip:	90279GV48

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