By Wendy Van Sickle
Columbus, Ohio, March 15 – UBS AG, London Branch priced $4.53 million of 0% capped in-gears due Dec. 8, 2026 tied to the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.
At maturity, if the index’s return is greater than or equal to 34%, the payout will be par plus 70.8%.
If the index return is greater than or equal to % but less than 34%, the payout will be par plus 2.111111 times the excess of the return over 16% plus 32.8%.
If the index return is greater than or equal to negative 4% but less than 16%, the payout will be par plus 1.64 times the return above negative 4%.
If the index return is greater than or equal to negative 24% but less than negative 4%, investors will lose 1.2% for every 1% loss beyond 4%
If the index finishes below its 72% downside threshold, investors will lose 1% for every 1% decline in the index from its initial level.
UBS Financial Services Inc. and UBS Investment Bank are the agents.
| Issuer: | UBS AG, London Branch
|
| Issue: | Capped in-gears
|
| Underlying index: | Russell 2000 index
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| Amount: | $4,516,000
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| Maturity: | Dec. 8, 2026
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| Coupon: | 0%
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| Price: | Par of $10
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| Payout at maturity: | If index return is greater than or equal to 34%, par plus 70.8%; if index return is greater than or equal to 16% but less than 34%, par plus 2.111111 times the excess of the return over 16% plus 32.8%; if index return is greater than or equal to negative 4% but less than 16%, par plus 1.64 times the return above negative 4%; if index return is greater than or equal to negative 24% but less than negative 4%, investors will lose 1.2% for every 1% decline beyond 4%; otherwise, full exposure to loss if index falls by more than 24%
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| Initial index level: | Average of closing levels on each day during period from and including March 9 to and including June 7
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| Final level: | Average of closing levels on each day during the period from and including Sept. 4, 2026 to and including Dec. 3, 2026
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| Strike date: | March 9
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| Pricing date: | March 10
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| Settlement date: | March 15
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| Agents: | UBS Financial Services Inc. and UBS Investment Bank
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| Fees: | 0.25%
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| Cusip: | 90290V630
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