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Published on 10/5/2022 in the Prospect News Structured Products Daily.

New Issue: UBS sells $5.86 million capped leveraged buffered notes on index basket

By Wendy Van Sickle

Columbus, Ohio, Oct. 5 – UBS AG, London Branch priced $5.86 million of 0% capped leveraged buffered notes due Nov. 17, 2023 linked to a basket of indexes, according to a 424B2 filing with the Securities and Exchange Commission.

The basket consists of the Euro Stoxx 50 index with a 36% weight, the Topix index with a 29% weight, the FTSE 100 index with a 16% weight, the Swiss Market index with a 11% weight and the S&P/ASX 200 index with an 8% weight.

The payout at maturity will be par plus 180% of any basket gain, up to a maximum settlement amount of $1,252.90.

Investors will receive par if the basket falls by up to 12.5% and will lose 1.1429% for each 1% decline beyond 12.5%.

UBS Securities LLC is the agent.

Issuer:UBS AG, London Branch
Issue:Capped leveraged buffered notes
Underlying indexes:Euro Stoxx 50 (36% weight), Topix (29% weight), FTSE 100 (16% weight), Swiss Market (11% weight) and S&P/ASX 200 (8% weight)
Amount:$5,861,000
Maturity:Nov. 17, 2023
Coupon:0%
Price:Par of $1,000
Payout at maturity:Par plus 180% of any basket gain, subject to $1,252.90 maximum settlement amount; par if the basket falls by up to 12.5%; 1.1429% loss for every 1% decline beyond 12.5%
Initial levels:3,328.65 for Stoxx, 6,984.59 for FTSE, 1,873.01 for Topix, 10,126.43 for Swiss Market, 6,496.161 for S&P/ASX
Buffer levels:87.5% of initial levels
Pricing date:Sept. 27
Settlement date:Oct. 4
Agent:UBS Securities LLC
Fees:0%
Cusip:90279FVV0

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