UBS plans 14-month capped gears with 2x upside tied to S&P 500

By Susanna Moon

Chicago, Dec. 15 – UBS AG, London Branch plans to price 0% capped gears due Feb. 28, 2019 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 double any index gain, up to a maximum gain of 10.70% to 12.7%.

Investors will be exposed to any losses.

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

The notes will price on Dec. 26.

The Cusip number is 90280X794.

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