UBS to price trigger gears linked to 2025 linked to basket of stocks

By Sarah Lizee

Olympia, Wash., Aug. 24 – UBS AG London Branch plans to price 0% trigger gears due Aug. 28, 2025 linked to a basket of stocks, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by JPMorgan Chase & Co.

The basket includes American Tower Corp., Crown Castle International Corp., Cisco Systems, Inc., Telefonaktiebolaget LM Ericsson, Intel Corp., Juniper Networks, Inc., Nokia Corp. and SBA Communications Corp., each with a 12.5% weight.

If the basket finishes above the initial level, the payout at maturity will be par of $10 plus 1.22 to 1.27 times the gain.

If the basket falls but finishes at or above the 75% downside threshold level, the payout will be par.

If the basket falls by more than 25%, investors will lose 1% for each 1% decline from the initial level.

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

The notes will price on Aug. 26.

The Cusip number is 90281M151.

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