New Issue: UBS sells $129,000 capped buffer gears linked to Dow

By Kiku Steinfeld

Chicago, Aug. 3 – UBS AG, London Branch priced $129,000 of 0% capped buffer gears due Jan. 27, 2022 linked to the Dow Jones industrial average, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus 1.5 times any index gain, capped at par plus 15%.

Investors will receive par if the index falls by up to 10% and will lose 1% for every 1% decline beyond 10%.

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

Issuer:	UBS AG, London Branch
Issue:	Capped buffer gears
Underlying index:	Dow Jones industrial average
Amount:	$129,000
Maturity:	Jan. 27, 2022
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 1.5 times any index gain, capped at par plus 15%; par if index falls by up to 10%; 1% loss for every 1% decline beyond buffer
Initial level:	26,469.89
Downside threshold:	2,572.50, 90% of initial level
Pricing date:	July 24
Settlement date:	July 30
Agents:	UBS Financial Services Inc. and UBS Investment Bank
Fees:	None
Cusip:	90276BEN9

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