New Issue: UBS prices $33.63 million capped leveraged notes on S&P 500

By Wendy Van Sickle

Columbus, Ohio, Feb. 12 – UBS AG, London Branch priced $33.63 million of 0% capped leveraged notes due May 11, 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 plus 300% of any index gain, up to a maximum settlement amount of $1,187.50 per $1,000 of notes.

Investors will have full exposure to any index decline.

UBS Securities LLC is the agent.

Issuer:	UBS AG, London Branch
Issue:	Capped leveraged notes
Underlying index:	S&P 500
Amount:	$33,626,000
Maturity:	May 11, 2022
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 300% of any index gain, up to maximum settlement amount of $1,187.50 per $1,000 of notes; full exposure to any decline
Initial level:	3,773.86
Pricing date:	Feb. 1
Settlement date:	Feb. 8
Agent:	UBS Securities LLC
Fees:	1.25%
Cusip:	90276BPB3

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