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Published on 7/8/2020 in the Prospect News Structured Products Daily.

New Issue: UBS prices $6.63 million capped leveraged buffered notes on S&P 500

By Sarah Lizee

Olympia, Wash., July 8 – UBS AG, London Branch priced $6.63 million of 0% capped leveraged buffered notes due Feb. 4, 2022 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 140% of any index gain, up to a maximum settlement amount of $1,225.40 per $1,000 of notes.

Investors will receive par if the index falls by up to 12.5% and will lose 1.1429% for every 1% decline beyond 12.5%.

UBS Securities LLC is the agent.

Issuer:UBS AG, London Branch
Issue:Capped leveraged buffered notes
Underlying index:S&P 500
Amount:$6.63 million
Maturity:Feb. 4, 2022
Coupon:0%
Price:Par
Payout at maturity:Par plus 140% of any index gain, capped at par plus 22.54%; par if index falls by up to 12.5%; otherwise, 1.1429% loss for every 1% decline beyond 12.5%
Initial level:3,083.76
Pricing date:June 25
Settlement date:July 2
Agent:UBS Securities LLC
Fees:None
Cusip:90276BEF6

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