New Issue: UBS prices $2.21 million buffer in-digital securities tied to S&P 500

By William Gullotti

Buffalo, N.Y., July 11 – UBS AG, London Branch priced $2.21 million of 0% buffer in-digital securities due July 2, 2025 linked to the performance of the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index finishes at or above its 90% buffer level, the payout at maturity will be par plus 16.75%.

Otherwise, investors will lose 1% for every 1% decline below 10%.

UBS Securities LLC and UBS Investment Bank are the agents.

Issuer:	UBS AG, London Branch
Issue:	Buffer in-digital securities
Underlying index:	S&P 500 index
Amount:	$2,214,000
Maturity:	July 2, 2025
Coupon:	0%
Price:	Par
Payout at maturity:	If the index finishes at or above buffer level, par plus 16.75%; otherwise, lose 1% for the 1% decline of the index below buffer level
Initial index level:	4,378.41
Buffer level:	3,940.57; 90% of initial level
Pricing date:	June 27
Settlement date:	June 30
Agents:	UBS Securities LLC and UBS Investment Bank
Fees:	2.8%
Cusip:	90279GMK2

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