UBS plans to price capped gears due 2020 tied to Russell 2000 index

By Sarah Lizee

Olympia, Wash., May 15 – UBS AG, London Branch plans to price 0% capped gears due July 31, 2020 linked to the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par of $10 plus triple any index gain, up to a maximum gain of 13% to 14.9%.

Investors will be exposed to any losses.

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

The notes will price on May 28.

The Cusip number is 90281C864.

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