New Issue: UBS sells $758,000 buffer securities linked to Russell, Dow

By Kiku Steinfeld

Chicago, Sept. 6 – UBS AG, London Branch priced $758,000 of 0% buffer securities due Jan. 29, 2027 linked to the worst performing of the Russell 2000 index and the Dow Jones industrial average, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus any positive return of the laggard index.

If the laggard index falls by up to 18%, the payout will be par. Investors will be exposed to declines in the laggard index beyond the 18% buffer.

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

Issuer:	UBS AG, London Branch
Issue:	Buffer securities
Underlying index:	Russell 2000 index, Dow Jones industrial average
Amount:	$758,000
Maturity:	Jan. 29, 2027
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus any positive return of laggard index; par if laggard index falls by up to 18%; lose 1% for every 1% decline of laggard index beyond 18%
Initial levels:	34,168.09 for Dow, 1,976.464 for Russell
Buffer levels:	28,017.83 for Dow, 1,620.700 for Russell; 82% of initial levels
Pricing date:	Jan. 26, 2022
Settlement date:	Jan. 31, 2022
Underwriters:	UBS Financial Services Inc. and UBS Investment Bank
Fees:	3.3%
Cusip:	90279DTE6

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