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Published on 1/11/2021 in the Prospect News Structured Products Daily.

New Issue: UBS prices $237,000 buffered return optimization securities on Apple

New York, Jan. 11 – UBS AG, London Branch priced $237,000 of buffered return optimization securities due Jan. 14, 2022 linked to Apple Inc. stock, according to a 424B2 filing with the Securities and Exchange Commission.

If Apple 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 26.99%.

If Apple stock declines by up to 5%, the payout will be par. Investors will be exposed to any losses beyond 5%.

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

Issuer:UBS AG, London Branch
Issue:Buffered return optimization securities
Underlying stock:Apple Inc. (Nasdaq: AAPL)
Amount:$237,000
Maturity:Jan. 14, 2022
Coupon:0%
Price:Par of $10
Payout at maturity:Par plus 1.25 times return of Apple stock, capped at 26.99%; par if stock declines by up to 5%; exposure to losses beyond 5%
Initial share price:$128.98
Pricing date:Jan. 11
Settlement date:Jan. 13
Agents:UBS Financial Services Inc. and UBS Investment Bank
Fees:2%
Cusip:90282V317

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