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Published on 5/11/2022 in the Prospect News Structured Products Daily.

New Issue: UBS prices $500,000 trigger return optimization securities on Facebook

Chicago, May 11 – UBS AG, London Branch priced $500,000 of trigger return optimization securities due Oct. 12, 2022 linked to the common stock of Facebook, Inc., according to a 424B2 filing with the Securities and Exchange Commission.

If the stock finishes above the initial price, the payout at maturity will be par plus 1.25 times the gain, capped at par plus 24.58%.

If the stock finishes flat or falls by up to 10%, the payout will be par. Otherwise, investors will share fully in losses.

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

Issuer:UBS AG, London Branch
Issue:Trigger return optimization securities
Underlying stock:Facebook, Inc.
Amount:$500,000
Maturity:Oct. 12, 2022
Coupon:0%
Price:Par of $10
Payout at maturity:Par plus 1.25 times any share price gain, capped at par plus 24.58%; par if stock finishes flat or falls by up to 10%; otherwise, full exposure to any losses
Initial share price:$333.64
Trigger price:$300.28, 90% of initial price
Pricing date:Oct. 6, 2021
Settlement date:Oct. 8, 2021
Underwriters:UBS Financial Services Inc. and UBS Investment Bank
Fees:1%
Cusip:90301D579

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