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Published on 4/23/2020 in the Prospect News Structured Products Daily.

New Issue: UBS prices $99,987 9.43% trigger yield optimization notes on Starbucks

New York, April 23 – UBS AG, London Branch priced $99,987.95 of 9.43% trigger yield optimization notes due April 27, 2021 linked to the common stock of Starbucks Corp., according to a 424B2 filing with the Securities and Exchange Commission.

The face amount of each note is $77.45, which is equal to the initial share price of Starbucks stock.

Interest is payable monthly.

The payout at maturity will be par unless the final price of Starbucks stock is less than 80% of the initial share price, in which case investors will receive one Starbucks share per note.

UBS Financial Services Inc. and UBS Investment Bank are the underwriters.

Issuer:UBS AG, London Branch
Issue:Trigger yield optimization notes
Underlying stock:Starbucks Corp. (Nasdaq: SBUX)
Amount:$99,987.95
Maturity:April 27, 2021
Coupon:9.43%, payable monthly
Price:Par of $77.45
Payout at maturity:If final share price is less than trigger price, one Starbucks share; otherwise, par
Initial share price:$77.45
Trigger price:$61.96, 80% of initial price
Pricing date:April 22
Settlement date:April 24
Underwriters:UBS Financial Services Inc. and UBS Investment Bank
Fees:1.74%
Cusip:90289G800

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