New Issue: UBS sells $2.03 million trigger autocallable contingent yield notes on index, ETFs

By William Gullotti

Buffalo, N.Y., Feb. 12 – UBS AG, London Branch priced $2.03 million of trigger autocallable contingent yield notes Jan. 28, 2027 linked to the performance of the SPDR S&P Regional Banking ETF, the Technology Select Sector SPDR Fund and the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes will pay a monthly coupon at the rate of 9.6% per year if each underlier closes at or above its coupon barrier, 70% of its initial level, on any related observation date.

The notes will be automatically called at par plus coupon if each underlier closes at or above its initial level on any monthly call observation date after three months.

If the notes are not called and the final level of each underlier is greater than or equal to its coupon barrier, the payout at maturity will be par plus the final coupon.

If the worst performer finishes below its coupon barrier but at or above the downside threshold level, 65% of the initial level, the payout at maturity will be par.

Otherwise, investors will lose 1% for every 1% that the worst performer declines from its initial level.

UBS Securities LLC and UBS Investment Bank are the agents.

Issuer:	UBS AG, London Branch
Issue:	Trigger autocallable contingent yield notes
Underlying assets:	SPDR S&P Regional Banking ETF, Technology Select Sector SPDR Fund, Russell 2000 index
Amount:	$2,029,000
Maturity:	Jan. 28, 2027
Coupon:	9.6% per year, paid monthly, if each underlier closes at or above its coupon barrier on any related observation date
Price:	Par
Payout at maturity:	Par plus final coupon if each underlier finishes at or above coupon barrier; if worst performer finishes below coupon barrier but at or above downside threshold, par; otherwise, 1% loss for each 1% decline of worst performer from initial level
Call:	Automatically at par plus coupon if each underlier closes at or above initial level on any monthly call observation date after three months
Initial levels:	$51.66 for Banking ETF, $201.86 for Technology ETF, 1,976.268 for Russell
Coupon barrier levels:	$36.16 for Banking ETF, $141.30 for Technology ETF, 1,383.388 for Russell; 70% of initial levels
Downside thresholds:	$31.00 for Banking ETF, $121.12 for Technology ETF, 1,185.761 for Russell; 65% of initial levels
Pricing date:	Jan. 23
Settlement date:	Jan. 26
Agents:	UBS Securities LLC and UBS Investment Bank
Fees:	3.25%
Cusip:	90279WH56

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