New Issue: UBS prices $1.8 million trigger callable contingent yield notes with knock-in on indexes

By William Gullotti

Buffalo, N.Y., Oct. 11 – UBS AG, London Branch priced $1.8 million of trigger callable contingent yield notes with daily close monitoring knock-in due April 3, 2025 linked to the performance of the Nasdaq-100 index, the Russell 2000 index and the Dow Jones industrial average, according to a 424B2 filing with the Securities and Exchange Commission.

The notes will pay a monthly contingent coupon at an annual rate of 8.9% if each index’s closing level is at least 50% of its initial level on the relevant observation date.

The notes will be callable at par on any quarterly observation date.

If the notes have not been called, the payout at maturity will be par unless any index closes below its 50% trigger level on any trading day during the life of the notes and any index finishes below its initial level, in which case investors will lose 1% for every 1% that the worst performer declines from initial level.

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

Issuer:	UBS AG, London Branch
Issue:	Trigger callable contingent yield notes with daily close monitoring knock-in
Underlying indexes:	Nasdaq-100 index, Russell 2000 index, Dow Jones industrial average
Amount:	$1.8 million
Maturity:	April 3, 2025
Coupon:	8.9% per year, payable monthly if each index closes at or above its coupon barrier on the relevant observation date
Price:	Par
Payout at maturity:	unless any index closes below its 50% trigger level on any trading day during the life of the notes and any index finishes below its initial level, in which case investors will lose 1% for every 1% that the worst performer declines from initial level
Call option:	At par on any quarterly observation date
Initial levels:	14,715.24 for Nasdaq, 1,785.102 for Russell, 33,507.5 for Dow
Coupon barrier levels:	7,357.62 for Nasdaq, 892.551 for Russell, 16,753.75 for Dow; 50% of initial levels
Trigger levels:	7,357.62 for Nasdaq, 892.551 for Russell, 16,753.75 for Dow; 50% of initial levels
Pricing date:	Sept. 29
Settlement date:	Oct. 4
Agents:	UBS Financial Services Inc. and UBS Investment Bank
Fees:	0.65%
Cusip:	90279WGG3

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