New Issue: UBS sells $100,000 trigger performance notes tied to SPDR Euro Stoxx

By Marisa Wong

Morgantown, W.Va., July 10 – UBS AG, London Branch priced $100,000 of 0% trigger performance securities due July 7, 2022 linked to the SPDR Euro Stoxx 50 exchange-traded fund, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par of $10 plus 126.028944% of any ETF gain.

If the ETF finishes flat or falls by up to 30%, the payout will be par.

Otherwise, investors will be fully exposed to any losses.

UBS Securities LLC is the agent.

Issuer:	UBS AG, London Branch
Issue:	Trigger performance securities
Underlying ETF:	SPDR Euro Stoxx 50
Amount:	$100,000
Maturity date:	July 7, 2022
Coupon:	0%
Price:	Par of $10
Payout at maturity:	If fund gains, par plus 126.028944% of return; if fund finishes flat or falls but not below trigger level, par; otherwise, full exposure to any losses
Initial level:	$38.62
Trigger level:	$27.03, 70% of initial level
Pricing date:	June 29
Settlement date:	July 5
Agent:	UBS Securities LLC
Fees:	3.5%
Cusip:	90278G118

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