New Issue: UBS prices $6.19 million trigger gears linked to Euro Stoxx 50

By Wendy Van Sickle

Columbus, Ohio, Jan. 30 – UBS AG, London Branch priced $6.19 million of 0% trigger gears due Jan. 31, 2022 linked to the Euro Stoxx 50 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 of $10 plus 2.04 times the index return. Investors will receive par if the index declines by 30% or less and be fully exposed to the index’s decline from its initial level if it declines by more than 30%.

UBS Financial Services Inc. and UBS Investment Bank are the underwriters.

Issuer:	UBS AG, London Branch
Issue:	Trigger gears
Underlying index:	Euro Stoxx 50
Amount:	$6,185,900
Maturity:	Jan. 31, 2022
Coupon:	0%
Price:	Par of $10
Payout at maturity:	If index return is greater than zero, par plus 2.04 times index return; par if index return is less than or equal to zero and final index level is greater than or equal to downside threshold; full exposure to index’s decline from initial level if index finishes below downside threshold
Initial index level:	3,303.33
Downside threshold:	2,312.33, 70% of initial level
Pricing date:	Jan. 27
Settlement date:	Jan. 31
Underwriters:	UBS Financial Services Inc. and UBS Investment Bank
Fees:	3.5%
Cusip:	90280M368

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