UBS plans trigger autocallable notes linked to index, ETF

By Sarah Lizee

Olympia, Wash., Jan. 27 – UBS AG, London Branch plans to price 0% trigger autocallable notes due Feb. 3, 2025 linked to the lesser performing of the iShares MSCI Emerging Markets ETF and the FTSE 100 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes will be called at par plus 10.35% per annum if each asset closes at or above its call level, 100% of its initial level, on any quarterly observation date.

If the notes are not called, the payout at maturity will be par unless either asset finishes below the 70% downside threshold, in which case investors will lose 1% for each 1% decline of the worse performing index.

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

The notes will price on Jan. 29.

The Cusip number is 90270K3G2.

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