New Issue: UBS prices $4.4 million three-year capped trigger gears on S&P 500

Chicago, Oct. 3 – UBS AG, London Branch priced $4.4 million of 0% capped trigger gears due Feb. 28, 2022 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 of $10 plus the greater of the index gain or the 10% step return if the index finishes above 80% of its initial level, capped at par plus 21.5%.

Otherwise, investors will lose 1% for every 1% that the index declines below the initial level.

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

Issuer:	UBS AG, London Branch
Issue:	Capped trigger gears
Underlying index:	S&P 500
Amount:	$4,400,500
Maturity:	Feb. 28, 2022
Coupon:	0%
Price:	Par of $10
Payout at maturity:	Greater of par of $10 plus index return or par plus 10% step return if index finishes above 80% of initial level; otherwise full exposure to losses of the index
Initial level:	2,869.16
Downside threshold:	2,295.33, 80% of initial level
Pricing date:	Aug. 27
Settlement date:	Aug. 30
Agents:	UBS Financial Services Inc. and UBS Investment Bank
Fees:	2.25%
Cusip:	90281D847

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