New York, April 5 – UBS AG London Branch priced $22.78 million of 0% dual directional buffered PLUS due April 6, 2026 linked to the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.
If the index gains the payout will be par plus 150% of the index return subject to a maximum return of par plus 21.45%.
The payout will be par plus the absolute value of the index return if the index declines but by no more than the 15% buffer.
Investors will lose 1% for every 1% that the index declines beyond the buffer.
The securities are non-callable.
UBS Securities LLC is the agent.
| Issuer: | UBS AG London Branch
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| Issue: | Dual directional buffered PLUS
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| Underlying index: | Russell 2000 index
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| Amount: | $22,782,000
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| Maturity: | April 6, 2026
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| Coupon: | 0%
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| Price: | Par
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| Payout at maturity: | If index gains par plus 150% of index return subject to a maximum return of par plus 21.45%; par plus absolute value of index return if index declines but by no more than the 15% buffer; 1% loss for every 1% that index declines beyond buffer
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| Upside leverage: | 150%
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| Cap: | 21.45%
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| Buffer: | 15%
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| Call: | Non-callable
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| Initial level: | 2,124.547
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| Pricing date: | March 28
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| Settlement date: | April 3
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| Agent: | UBS Securities LLC
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| Fees: | 2.5%
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| Cusip: | 9026744G2
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