New Issue: UBS prices $1.41 million capped PLUS due 2020 linked to S&P 500 index

By Sarah Lizee

Olympia, Wash., July 19 – UBS AG, London Branch priced $1.41 million of 0% capped Performance Leveraged Upside Securities due Nov. 4, 2020 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 of $10 plus triple any gain in the index, up to a maximum return of 12.87%.

Investors will be exposed to any losses.

UBS Securities LLC is the agent with Morgan Stanley Wealth Management handling distribution.

Issuer:	UBS AG, London Branch
Issue:	Capped Performance Leveraged Upside Securities
Underlying index:	S&P 500
Amount:	$1,412,610
Maturity:	Nov. 4, 2020
Coupon:	0%
Price:	Par of $10
Payout at maturity:	Par plus 300% of any index gain, capped at par plus 12.87%; 1% loss for each 1% decline
Initial level:	2,984.42
Pricing date:	July 17
Settlement date:	July 22
Agent:	UBS Securities LLC with Morgan Stanley Wealth Management handling distribution
Fees:	2.25%
Cusip:	90281D557

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