New Issue: UBS prices $426,980 capped PLUS due 2020 linked to Russell

By Wendy Van Sickle

Columbus, Ohio, May 21 – UBS AG, London Branch priced $426,980 of 0% capped Performance Leveraged Upside Securities due Sept. 3, 2020 linked to the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par of $10 plus triple any gain in the index, up to a maximum return of 14.7%.

Investors will be exposed to any losses.

UBS Securities LLC is the agent with Morgan Stanley Wealth Management handling distribution.

Issuer:	UBS AG, London Branch
Issue:	Capped Performance Leveraged Upside Securities
Underlying index:	Russell 2000
Amount:	$426,980
Maturity:	Sept. 3, 2020
Coupon:	0%
Price:	Par of $10
Payout at maturity:	Par plus 300% of any index gain, capped at $11.47 per PLUS; 1% loss for each 1% decline
Initial level:	1,548.271
Pricing date:	May 15
Settlement date:	May 20
Agent:	UBS Securities LLC with Morgan Stanley Wealth Management handling distribution
Fees:	2.25%
Cusip:	90281C807

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