New Issue: UBS prices $4.51 million capped leveraged notes linked to S&P 500

By Wendy Van Sickle

Columbus, Ohio, Oct. 16 – UBS AG, London Branch priced $4.51 million of 0% capped leveraged notes due April 15, 2019 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index return is positive, the payout at maturity will be par plus 300% of the index return, up to a maximum settlement amount of $1,151.20 per $1,000 principal amount. If the index return is negative, investors will have one-to-one exposure to the decline.

UBS Securities LLC is the agent.

Issuer:	UBS AG, London Branch
Issue:	Capped leveraged notes
Underlying index:	S&P 500
Amount:	$4,506,000
Maturity:	April 15, 2019
Coupon:	0%
Price:	Par
Payout at maturity:	If index return is positive, par plus 300% of index return, subject to maximum return of 15.12%; one-to-one exposure to decline if index return is negative
Initial index level:	2,550.64
Pricing date:	Oct. 10
Settlement date:	Oct. 17
Agent:	UBS Securities LLC
Fees:	1.33%
Cusip:	90270KNG0

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