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Published on 10/21/2020 in the Prospect News Structured Products Daily.

New Issue: UBS prices $100,000 return optimization securities linked to Nvidia

New York, Oct. 21 – UBS AG, London Branch priced $100,000 of return optimization securities due Oct. 26, 2021 linked to the common stock of Nvidia Corp., according to a 424B2 filing with the Securities and Exchange Commission.

If Nvidia stock closes at or above the initial price, the payout at maturity will be par plus three times any gain in common stock of Nvidia capped at 37.55%.

Investors will share in any losses.

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

Issuer:UBS AG, London Branch
Issue:Return optimization securities
Underlying stock:Nvidia Corp. (Nasdaq: NVDA)
Amount:$100,000
Maturity:Oct. 26, 2021
Coupon:0%
Price:Par of $10
Payout at maturity:Par plus three times any gain in common stock of Nvidia, capped at 37.55%; otherwise, exposure to any losses
Initial share price:$540.99
Pricing date:Oct. 21
Settlement date:Oct. 23
Underwriters:UBS Financial Services Inc. and UBS Investment Bank
Fees:2%
Cusip:90282C244

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