New Issue: UBS prices $3.97 million digital index-linked notes linked to S&P 500

By Wendy Van Sickle

Columbus, Ohio, Jan. 2 – UBS AG, London Branch priced $3.97 million of 0% digital index-linked notes due March 19, 2025 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 its 90% buffer level, the payout at maturity will be the threshold settlement amount of $1,113 for each $1,000 principal amount.

Otherwise, investors will lose 1.1111% for each 1% decline beyond 10%.

UBS Securities LLC is the agent. Simon Markets LLC is acting as dealer.

Issuer:	UBS AG, London Branch
Issue:	Digital index-linked notes
Underlying index:	S&P 500 index
Amount:	$3,969,000
Maturity:	March 19, 2025
Coupon:	0%
Price:	Par
Payout at maturity:	If index finishes above 90% buffer level, $1,113 for each $1,000 principal amount; otherwise, 1.1111% loss for each 1% decline beyond 10%
Initial level:	4,746.75
Buffer level:	4,272.075; 90% of initial level
Pricing date:	Dec. 21
Settlement date:	Dec. 29
Agent:	UBS Securities LLC
Dealer:	Simon Markets LLC
Fees:	None
Cusip:	90279WC69

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