New Issue: UBS prices $595,000 trigger yield notes on Russell, S&P

By Kiku Steinfeld

Chicago, Dec. 1 – UBS AG, London Branch priced $595,000 of 5.15% trigger yield notes due April 2, 2025 linked to the Russell 2000 index and the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

Interest is payable quarterly.

The payout at maturity will be par unless the final level of the laggard asset is less than 70% of the initial level, in which case investors will be fully exposed to all losses of the laggard asset.

UBS Securities LLC and UBS Investment Bank are the agents.

Issuer:	UBS AG, London Branch
Issue:	Trigger yield notes
Underlying assets:	Russell 2000 index, S&P 500 index
Amount:	$595,000
Maturity:	April 2, 2025
Coupon:	5.15%, payable quarterly
Price:	Par
Payout at maturity:	If final level of laggard asset is less than trigger level, full exposure to loss of laggard asset; otherwise, par
Initial levels:	2,078.060 for Russell, 4,575.52 for S&P
Trigger levels:	1,454.642 for Russell, 3,202.86 for S&P, 70% of initial levels
Pricing date:	March 28
Settlement date:	March 31
Agents:	UBS Securities LLC and UBS Investment Bank
Fees:	0.275%
Cusip:	90279DH66

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