By Marisa Wong
Morgantown, W.Va., June 27 – UBS AG, London Branch priced $5.07 million of 0% capped leveraged buffered notes due Feb. 22, 2019 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 140% of any index gain, up to a maximum settlement amount of $1,169.40 for each $1,000 principal amount of notes.
If the index falls by up to 12.5%, the payout will be par.
Otherwise, investors will lose 1.1429% for every 1% decline beyond 12.5%.
UBS Securities LLC is the agent.
| Issuer: | UBS AG, London Branch
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| Issue: | Capped leveraged buffered notes
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| Underlying index: | S&P 500
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| Amount: | $5.07 million
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| Maturity: | Feb. 22, 2019
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| Coupon: | 0%
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| Price: | Par
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| Payout at maturity: | Par plus 140% of any index gain, up to a maximum return of 16.94%; par if index falls by up to 12.5%; otherwise, 1.1429% loss for every 1% decline beyond 12.5%
|
| Initial index level: | 2,434.50
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| Pricing date: | June 22
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| Settlement date: | June 29
|
| Underwriter: | UBS Securities LLC
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| Fees: | None
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| Cusip: | 90270KKL2
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