New Issue: UBS prices $5.98 million 10.52% trigger callable yield notes on Russell 2000

By Wendy Van Sickle

Columbus, Ohio, Dec. 8 – UBS AG, London Branch priced $5.98 million of 10.52% trigger callable yield notes due Jan. 18, 2024 linked to the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

Interest is payable monthly.

The notes are callable at par on any monthly call date after three months.

The payout at maturity will be par unless the index finishes below its 65% downside threshold level, in which case investors will lose 1% for each 1% decline of the index.

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

Issuer:	UBS AG, London Branch
Issue:	Trigger callable yield notes
Underlying index:	Russell 2000 index
Amount:	$5,984,000
Maturity:	Jan. 18, 2024
Coupon:	10.52% per year, payable monthly
Price:	Par of $10
Payout at maturity:	Par unless index finishes below downside threshold, in which case 1% loss for each 1% decline of index
Call option:	At par on any monthly evaluation date after three months
Initial level:	1,687.764
Downside threshold:	1,097.047; 65% of initial level
Pricing date:	Oct. 12
Settlement date:	Oct. 17
Underwriter:	UBS Financial Services Inc. and UBS Investment Bank
Fees:	1%
Cusip:	90289V450

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