New Issue: UBS prices $15.94 million capped leveraged notes linked to S&P 500

By Marisa Wong

Morgantown, W.Va., Aug. 30 – UBS AG, London Branch priced $15.94 million of 0% capped leveraged notes due Feb. 28, 2019 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 300% of any index gain, up to a maximum settlement amount of $1,155.70 per $1,000 of notes.

Investors will be fully exposed to any index decline.

UBS Securities LLC is the agent.

Issuer:	UBS AG, London Branch
Issue:	Capped leveraged notes
Underlying index:	S&P 500
Amount:	$15,937,000
Maturity:	Feb. 28, 2019
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 300% of any index gain, subject to $1,155.70 maximum settlement amount per $1,000 of notes; full exposure to losses
Initial level:	2,443.05
Pricing date:	Aug. 25
Settlement date:	Sept. 1
Agent:	UBS Securities LLC
Fees:	1.33%
Cusip:	90270KMC0

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