New Issue: UBS prices $6.68 million capped leveraged buffered index-linked notes on S&P 500

By William Gullotti

Buffalo, N.Y., Jan. 18 – UBS AG, London Branch priced $6.68 million of 0% capped leveraged buffered index-linked notes due July 1, 2025 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 par plus 15.375%.

Investors will receive par if the index falls by up to 10% and will lose 1.1111% for every 1% decline beyond 10%.

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:	S&P 500 index
Amount:	$6.68 million
Maturity:	July 1, 2025
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 150% of any index gain, capped at par plus 15.375%; par if index falls by up to 10%; otherwise, 1.1111% loss for every 1% decline beyond 10%
Initial level:	4,783.45
Buffer level:	4,305.105; 90% of initial level
Pricing date:	Jan. 10
Settlement date:	Jan. 18
Agent:	UBS Securities LLC
Dealer:	iCapital Markets LLC
Fees:	1.89%
Cusip:	90279WZT4

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