New Issue: UBS prices $5.17 million digital notes linked to S&P 500

By Marisa Wong

Los Angeles, Sept. 8 – UBS AG London Branch priced $5.17 million of 0% digital notes due Dec. 28, 2022 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index finishes at or above 85% of the initial level, the payout at maturity will be par plus 14.6%. Investors will lose 1.1765% for each 1% index decline beyond 15%.

UBS Securities LLC is the agent.

Issuer:	UBS AG London Branch
Issue:	Digital notes
Underlying index:	S&P 500 index
Amount:	$5,169,000
Maturity:	Dec. 28, 2022
Coupon:	0%
Price:	Par
Payout at maturity:	If index finishes at or above buffer level, par plus 14.6%; otherwise, 1.1765% loss for each 1% decline beyond 15%
Initial level:	3,478.73
Buffer level:	2,956.9205, 85% of initial level
Pricing date:	Aug. 26
Settlement date:	Sept. 2
Agent:	UBS Securities LLC
Fees:	None
Cusip:	90276BFZ1

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