New Issue: UBS sells $2.37 million buffer contingent yield notes on Nasdaq, S&P

By Wendy Van Sickle

Columbus, Ohio, Feb. 15 – UBS AG, London Branch priced $2.37 million of buffer contingent yield notes due Nov. 8, 2023 linked to the performance of the Nasdaq-100 index and the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes will pay a contingent monthly coupon at an annual rate of 7.6% if each index closes at or above its 80% coupon barrier on the corresponding review date.

The payout at maturity will be par plus the final coupon unless the least performing index falls by more than 20%, in which case investors will lose 1% for each 1% decline of the worst performer beyond 20%.

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

Issuer:	UBS AG, London Branch
Issue:	Buffer contingent yield notes
Underlying assets:	Nasdaq-100 index, S&P 500 index
Amount:	$2,368,000
Maturity:	Nov. 8, 2023
Coupon:	7.6% annual rate, payable monthly if each index closes at or above coupon barrier level on related observation date
Price:	Par
Payout at maturity:	Par plus final coupon unless least performing index falls by more than 20%, in which case lose 1% for each 1% decline of worst performer beyond 20%
Initial level:	12,363.1 for Nasdaq, 4,119.21 for S&P
Coupon barrier levels:	9,890.48 for Nasdaq, 3,295.37 for S&P; 80% of initial levels
Buffer levels:	9,890.48 for Nasdaq, 3,295.37 for S&P; 80% of initial levels
Pricing date:	Feb. 1
Settlement date:	Feb. 6
Agents:	UBS Financial Services Inc. and UBS Investment Bank
Fees:	0.25%
Cusip:	90279FV40

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