New Issue: UBS prices $11.03 million leveraged buffered notes linked to S&P 500

By Angela McDaniels

Tacoma, Wash., July 24 – UBS AG, London Branch priced $11.03 million of 0% capped leveraged buffered notes due Aug. 14, 2019 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index return is positive, the payout at maturity will be par plus 150% of the index return, subject to a maximum return of 16.8%. Investors will receive par if the index declines by 10% or less and will lose 1.1111% for every 1% that it may decline beyond 10%.

UBS Securities LLC is the underwriter.

Issuer:	UBS AG, London Branch
Issue:	Capped leveraged buffered notes
Underlying index:	S&P 500
Amount:	$11,032,000
Maturity date:	Aug. 14, 2019
Coupon:	0%
Price:	Par
Payout at maturity:	If index return is positive, par plus 150% of index return, subject to 16.8% maximum return; par if index declines by 10% or less; 1.1111% loss for every 1% that index may decline beyond 10%
Initial index level:	2,473.45
Pricing date:	July 20
Settlement date:	July 27
Underwriter:	UBS Securities LLC
Fees:	2%
Cusip:	90270KLJ6

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