UBS to price contingent income autocallables linked to three indexes

By Susanna Moon

Chicago, Nov. 12 – UBS AG, London Branch plans to price contingent income autocallable securities due Nov. 18, 2020 linked to the worst performing of the Euro Stoxx 50 index, the Nikkei 225 index and the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes will pay a contingent quarterly coupon at an annual rate of 8% if each index closes at or above its coupon barrier level, 70% of its initial index level, on the determination date for that quarter.

The notes will be called at par of $10 plus the contingent coupon if each index closes at or above its 95% call level on any quarterly determination date other than the final date.

The payout at maturity will be par plus the final contingent coupon unless any index finishes below its 63% trigger level, in which case investors will be fully exposed to any losses of the worst performing index.

UBS Securities LLC is the agent with distribution through Morgan Stanley Smith Barney LLC.

The notes will price on Nov. 13 and settle on Nov. 18.

The Cusip number is 90275G731.

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