New Issue: UBS prices $5.5 million of autocallable index-linked notes tied to S&P, Stoxx

By William Gullotti

Buffalo, N.Y., March 12 – UBS AG, London Branch priced $5.5 million of 0% autocallable index-linked notes due Feb. 25, 2027 linked to the performance of the S&P 500 index and the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes will be called at par plus an 11.22% annualized call premium if each index closes at or above its initial level on any quarterly valuation date after one year.

If each index finishes at or above its 90% trigger level, the notes will be called at maturity for a return of par plus 33.66%.

Otherwise, investors will lose 1% for each 1% decline of the worst performer from its initial level.

UBS Securities LLC is the agent. iCapital Markets LLC is the dealer.

Issuer:	UBS AG, London Branch
Issue:	Autocallable index-linked notes
Underlying indexes:	S&P 500 index, Euro Stoxx 50 index
Amount:	$5.5 million
Maturity:	Feb. 25, 2027
Coupon:	0%
Price:	Par
Payout at maturity:	If each index finishes at or above trigger level, par plus 33.66%; otherwise, full exposure to decline of worst performer from initial level
Call:	At par plus an 11.22% annualized call premium if each index closes at or above initial level on any quarterly valuation date after one year
Initial levels:	5,088.8 for S&P, 4,872.57 for Stoxx
Trigger levels:	90% of initial levels
Pricing date:	Feb. 23
Settlement date:	March 1
Agent:	UBS Securities LLC
Dealer:	iCapital Markets LLC
Fees:	3%
Cusip:	90279W6F6

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