New Issue: UBS sells $11.37 million 14-month capped gears linked to Russell 2000

By Marisa Wong

Morgantown, W.Va., Feb. 5 – UBS AG, London Branch priced $11.37 million of 0% capped gears due March 31, 2020 linked to the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index return is greater than zero, the payout at maturity will be par plus 3 times the index return, subject to a maximum gain of 16.5%. If the index return is less than zero, investors will have full exposure to the decline.

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

Issuer:	UBS AG, London Branch
Issue:	Capped gears
Underlying index:	Russell 2000
Amount:	$11,367,320
Maturity:	March 31, 2020
Coupon:	0%
Price:	Par of $10
Payout at maturity:	Par plus 3 times any index gain, capped at par plus 16.5%; full exposure to any losses
Initial level:	1,473.536
Pricing date:	Jan. 28
Settlement date:	Jan. 31
Agents:	UBS Financial Services Inc. and UBS Investment Bank
Fees:	2%
Cusip:	90281B833

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