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Published on 9/15/2023 in the Prospect News Structured Products Daily.

New Issue: UBS prices $500,000 buffer digital notes tied to Nasdaq, S&P

Chicago, Sept. 15 – UBS AG, London Branch priced $500,000 of 0% buffer digital notes due March 5, 2024 linked to the least performing of the Nasdaq-100 index and the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

If each index finishes at or above its 85% buffer level, the payout at maturity will be par plus 17.25%.

Otherwise, investors will lose 1% for every 1% decline of the worst performer below 15%.

UBS Securities LLC and UBS Investment Bank are the agents.

Issuer:UBS AG, London Branch
Issue:Buffer digital notes
Underlying indexes:Nasdaq-100 index, S&P 500 index
Amount:$500,000
Maturity:March 5, 2024
Coupon:0%
Price:Par
Payout at maturity:If each index finishes at or above buffer level, par plus 17.25%; otherwise, lose 1% for each 1% decline of the worst performer below buffer level
Initial index levels:12,272.03 for Nasdaq, 3,955 for S&P
Buffer levels:10,431.23 for Nasdaq, 3,361.75 for S&P; 85% of initial levels
Pricing date:Aug. 31, 2022
Settlement date:Sept. 6, 2022
Agents:UBS Securities LLC and UBS Investment Bank
Fees:0.25%
Cusip:90279FSB8

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