New Issue: UBS prices $3.28 million 6.5% buffer yield notes linked to Russell 2000

By William Gullotti

Buffalo, N.Y., July 11 – UBS AG, London Branch priced $3.28 million of 6.5% buffer yield notes due July 2, 2025 linked to the performance of the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

Interest is paid quarterly.

The payout at maturity will be par unless the index falls by more than 15%, in which case investors will have exposure to the decline of the index beyond 15%

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

Issuer:	UBS AG, London Branch
Issue:	Buffer yield notes
Underlying index:	Russell 2000 index
Amount:	$3,276,000
Maturity:	July 2, 2025
Coupon:	6.5% annual rate, paid quarterly
Price:	Par
Payout at maturity:	Par unless the index falls by more than 15%, in which case lose 1% for every 1% decline below 15%
Initial level:	1,849.93
Buffer level:	1,572.441; 85% of initial level
Pricing date:	June 27
Settlement date:	June 30
Agents:	UBS Financial Services Inc. and UBS Investment Bank
Fees:	2.25%
Cusip:	90279GMH9

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