New Issue: UBS prices $7.15 million leveraged buffered notes linked to S&P 500

By Angela McDaniels

Tacoma, Wash., July 16 – UBS AG, London Branch priced $7.15 million of 0% capped leveraged buffered notes due June 21, 2021 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index return is greater than zero, the payout at maturity will be par plus 160% of the index return, subject to a maximum settlement amount of $1,212 per $1,000 principal amount of notes. Investors will receive par if the index declines by 12.5% or less and lose 1.1429% for every 1% that it declines beyond 12.5%.

UBS Securities LLC is the underwriter.

Issuer:	UBS AG, London Branch
Issue:	Capped leveraged buffered notes
Underlying index:	S&P 500
Amount:	$7,146,000
Maturity:	June 21, 2021
Coupon:	0%
Price:	Par
Payout at maturity:	If index return is greater than zero, par plus 160% of index return, subject to maximum settlement amount of $1,212 per $1,000 principal amount of notes; par if index declines by 12.5% or less; 1.1429% loss for every 1% that index declines beyond 12.5%
Initial level:	3,013.77
Pricing date:	July 12
Settlement date:	July 19
Underwriter:	UBS Securities LLC
Fees:	None
Cusip:	90270KG78

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