UBS plans trigger phoenix autocallables linked to MSCI EAFE, S&P 500

By Wendy Van Sickle

Columbus, Ohio, Feb. 17 – UBS AG, London Branch plans to price trigger phoenix autocallable optimization securities due Feb. 27, 2026 linked to the MSCI EAFE index and the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes will pay a contingent quarterly coupon at an annualized rate of 8.5% to 9.5% if each index closes at or above the coupon barrier level – 70% of the initial level – on the observation date for that quarter.

The notes will be called at par plus the contingent coupon if both indexes close at or above their initial levels on any quarterly observation date after one year.

The payout at maturity will be par plus the final contingent coupon unless either index closes below the 50% trigger level, in which case investors will be fully exposed to any losses.

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

The notes will price on Feb. 25 and settle on Feb. 29.

The Cusip number is 90275L748.

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