New Issue: UBS sells $13.21 million trigger gears linked to Euro Stoxx

By Marisa Wong

Morgantown, W.Va., June 9 – UBS AG, London Branch priced $13.21 million of 0% trigger gears due May 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 2.05 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 agents.

Issuer:	UBS AG, London Branch
Issue:	Trigger gears
Underlying index:	Euro Stoxx 50
Amount:	$13,211,050
Maturity:	May 31, 2022
Coupon:	0%
Price:	Par of $10
Payout at maturity:	If the index return is greater than zero, par plus 2.05 times the index return; par if the index declines by 30% or less; full exposure to the index’s decline from its initial level if it declines by more than 30%
Initial level:	3,579.02
Downside threshold:	2,505.31, 70% of initial level
Pricing date:	May 26
Settlement date:	May 31
Agents:	UBS Financial Services Inc. and UBS Investment Bank
Fees:	3.5%
Cusip:	90280V319

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