New Issue: UBS sells $185,000 trigger autocallable notes linked to Stoxx, Russell

By Wendy Van Sickle

Columbus, Ohio, March 29 – UBS AG, London Branch priced $185,000 of 0% trigger autocallable notes due April 12, 2023 linked to the lesser performing of the Russell 2000 index and the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes will be called at par plus 11.25% per annum if each index closes at or above its call level, 90% of its initial level, on any annual observation date.

If the notes are not called, the payout at maturity will be par unless either index finishes below the 70% downside threshold, in which case investors will lose 1% for each 1% decline of the worse performing index.

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

Issuer:	UBS AG, London Branch
Issue:	Trigger autocallable notes
Underlying indexes:	Russell 2000 index and Euro Stoxx 50 index
Amount:	$185,000
Maturity:	April 12, 2023
Coupon:	0%
Price:	Par
Call:	At par plus 11.25% annualized call premium if both indexes close at or above call levels on any annual observation date
Payout at maturity:	If notes are not called, par unless either index closes below downside threshold, in which case 1% loss for each 1% decline of worse performing index
Initial levels:	3,305.73 for Stoxx, 1,505.923 for Russell
Call levels:	2,975.16 for Stoxx, 1,355.331 for Russell; 90% of initial levels
Downside thresholds:	2,314.01 for Stoxx, 1,054.146 for ETF; 70% of initial levels
Pricing date:	March 22
Settlement date:	March 29
Agents:	UBS Financial Services Inc. and UBS Investment Bank
Fees:	0%
Cusip:	90270KYG8

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