New Issue: UBS sells $1.47 million trigger callable yield notes on indexes

By Wendy Van Sickle

Columbus, Ohio, Jan. 26 – UBS AG, London Branch priced $1.47 million of 10.3% trigger callable yield notes due Jan. 29, 2025 linked to the Nasdaq-100 index, the Russell 2000 index and the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

Interest is payable monthly.

The notes are callable at par on any coupon payment date after three months.

The payout at maturity will be par unless the least-performing index finishes below its 70% downside threshold level, in which case investors will lose 1% for each 1% decline of the least-performing index.

UBS Financial Services Inc. is the distributor.

Issuer:	UBS AG, London Branch
Issue:	Trigger callable yield notes
Underlying indexes:	Nasdaq-100 index, S&P 500 index and Russell 2000 index
Amount:	$1,473,000
Maturity:	Jan. 29, 2025
Coupon:	10.3% per year, payable monthly
Price:	Par
Payout at maturity:	Par unless least-performing index finishes below downside threshold, in which case 1% loss for each 1% decline of least-performing index
Call option:	At par on any coupon date after three months
Initial level:	11,846.64 for Nasdaq, 4,016.95 for S&P, 1,885.611 for Russell
Downside threshold:	8,292.65 for Nasdaq, 2,811.87 for S&P, 1,319.928 for Russell; 70% of initial level
Pricing date:	Jan. 24
Settlement date:	Jan. 27
Distributor:	UBS Financial Services Inc.
Fees:	0.25%
Cusip:	90279F2F7

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