New Issue: UBS prices $3.58 million trigger in-digital securities linked to S&P 500

By William Gullotti

Buffalo, N.Y., Feb. 10 – UBS AG, London Branch priced $3.58 million of 0% trigger in-digital securities due Feb. 9, 2024 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the final level of the index is greater than or equal to its digital barrier, 80% of its initial level, the payout at maturity will be par of $10 plus 9.9%.

If the final level of the index is less than its digital barrier, investors will lose 1% for every 1% that the index declines from its initial level.

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

Issuer:	UBS AG, London Branch
Issue:	Trigger in-digital securities
Underlying index:	S&P 500 index
Amount:	$3.58 million
Maturity:	Feb. 9, 2024
Coupon:	0%
Price:	Par of $10
Payout at maturity:	If final level of the index is greater than or equal to digital barrier, par plus 9.9%; if final level of the index is less than digital barrier, 1% loss for every 1% that index declines from initial level
Initial level:	4,016.22
Digital barrier:	3,212.98; 80% of initial level
Strike date:	Jan. 25
Pricing date:	Jan. 26
Settlement date:	Jan. 31
Agents:	UBS Financial Services Inc. and UBS Investment Bank
Fees:	1%
Cusip:	90289W425

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