UBS plans four-year trigger autocallables tied to Stoxx 50, MSCI EM

By Susanna Moon

Chicago, Feb. 7 – UBS AG, London Branch plans to price 0% trigger autocallable notes due March 8, 2023 linked to the lesser performing of the iShares MSCI Emerging Markets ETF and the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes will be called at par of $10 plus an annual call premium of 10.7% to 11% if each underlying asset closes at or above its 90% call level on any annual review date after one year.

If the notes are not called, the payout at maturity will be par unless either asset finishes below its 70% downside threshold, in which case investors will receive par plus the return of the worse performing index or fund with full exposure to any losses.

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

The notes will price on Feb. 15.

The Cusip number is 90270KXG9.

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