New Issue: UBS sells $1.27 million digital index-linked notes linked to MSCI EAFE

By William Gullotti

Buffalo, N.Y., June 24 – UBS AG, London Branch priced $1.27 million of 0% digital index-linked notes due May 22, 2024 linked to the MSCI EAFE index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index finishes at or above its 85% buffer level, the payout at maturity will be the threshold settlement amount of $1,174 for each $1,000 principal amount.

Otherwise, investors will lose 1.1765% for each 1% decline beyond 15%.

UBS Securities LLC is the agent. Simon Markets LLC is acting as dealer.

Issuer:	UBS AG, London Branch
Issue:	Digital index-linked notes
Underlying index:	MSCI EAFE index
Amount:	$1,272,000
Maturity:	May 22, 2024
Coupon:	0%
Price:	Par
Payout at maturity:	If index finishes at or above 85% buffer level, $1,174 for each $1,000 principal amount; otherwise, 1.1765% loss for each 1% decline beyond 15%
Initial level:	1,823.08
Buffer level:	1,549.618; 85% of initial level
Pricing date:	June 17
Settlement date:	June 27
Agent:	UBS Securities LLC
Dealer:	Simon Markets LLC
Fees:	None
Cusip:	90279FHE4

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