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Published on 4/14/2020 in the Prospect News Structured Products Daily.

New Issue: UBS prices $100,000 buffered return optimization securities linked to SPDR S&P 500 ETF

New York, April 14 – UBS AG, London Branch priced $100,000 of buffered return optimization securities due April 17, 2025 linked to SPDR S&P 500 ETF Trust stock, according to a 424B2 filing with the Securities and Exchange Commission.

If SPDR S&P 500 ETF stock closes at or above its initial price, the payout at maturity will be par plus 1.25 times any gain, capped at par plus 72.36%.

If SPDR S&P 500 ETF stock declines by up to 10%, the payout will be par. Investors will be exposed to any losses beyond 10%.

The agent is UBS Financial Services Inc. and UBS Investment Bank.

Issuer:UBS AG, London Branch
Issue:Buffered return optimization securities
Underlying stock:SPDR S&P 500 ETF Trust
Amount:$100,000
Maturity:April 17, 2025
Coupon:0%
Price:Par of $10
Payout at maturity:Par plus 1.25 times return of SPDR S&P 500 ETF stock, capped at 72.36%; par if stock declines by up to 10%; exposure to losses beyond 10%
Initial share price:$275.66
Pricing date:April 13
Settlement date:April 15
Agents:UBS Financial Services Inc. and UBS Investment Bank
Fees:3%
Cusip:90289F737

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