New Issue: UBS prices $250,000 return optimization securities on Vaneck Vectors

New York, April 17 – UBS AG, London Branch priced $250,000 of return optimization securities due July 22, 2020 linked to the shares of Vaneck Vectors Gold Miners ETF, according to a 424B2 filing with the Securities and Exchange Commission.

If Vaneck Vectors stock closes at or above the initial price, the payout at maturity will be par plus five times any gain in shares of Vaneck Vectors capped at 23.32%.

Investors will share in any losses.

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

Issuer:	UBS AG, London Branch
Issue:	Return optimization securities
Underlying stock:	Vaneck Vectors Gold Miners ETF
Amount:	$250,000
Maturity:	July 22, 2020
Coupon:	0%
Price:	Par of $10
Payout at maturity:	Par plus five times any gain in shares of Vaneck Vectors, capped at 23.32%; otherwise, exposure to any losses
Initial share price:	$21.66
Pricing date:	April 17
Settlement date:	April 19
Underwriters:	UBS Financial Services Inc. and UBS Investment Bank
Fees:	1%
Cusip:	90287M536

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