New Issue: UBS prices $644,000 trigger in-digital securities linked to S&P, Russell, Nasdaq

By Kiku Steinfeld

Chicago, March 11 – UBS AG, London Branch priced $644,000 of 0% trigger in-digital securities due Aug. 1, 2024 linked to least performing of the S&P 500 index, the Nasdaq-100 index and the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the final level of each index is greater than or equal to its digital barrier, 70% of its initial level, the payout at maturity will be par plus 11.35%. If the final level of either index is less than its digital barrier, investors will lose 1% for every 1% that the lesser-performing index declines from its initial level.

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

Issuer:	UBS AG, London Branch
Issue:	Trigger in-digital securities
Underlying indexes:	Nasdaq-100 index, Russell 2000 index and S&P 500 index
Amount:	$644,000
Maturity:	Aug. 1, 2024
Coupon:	0%
Price:	Par
Payout at maturity:	If final level of each index is greater than or equal to digital barrier, par plus 11.35%; if final level of either index is less than digital barrier, 1% loss for every 1% that lesser-performing index declines from initial level
Initial levels:	14,964.58 for Nasdaq index, 1,858.709 for Russell, 4,376.86 for S&P
Digital barriers:	10,475.21 for Nasdaq index, 1,301.096 for Russell, 3,063.80 for S&P, 70% of initial levels
Strike date:	June 28, 2023
Pricing date:	June 29, 2023
Settlement date:	July 5, 2023
Agents:	UBS Financial Services Inc. and UBS Investment Bank
Fees:	0.22%
Cusip:	90279GWR6

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