New Issue: UBS prices $326,000 trigger in-digital securities linked to Nasdaq, Russell

By Kiku Steinfeld

Chicago, Feb. 12 – UBS AG, London Branch priced $326,000 of 0% trigger in-digital securities due Sept. 26, 2024 linked to the Russell 2000 index and the Nasdaq-100 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the final level of each index is greater than or equal to its digital barrier, 70% of its initial level, the payout at maturity will be par plus 12%.

If the final level of any index is less than its digital barrier, investors will lose 1% for every 1% that the lesser performer 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 indexes:	Russell 2000 index and Nasdaq-100 index
Amount:	$326,000
Maturity:	Sept. 26, 2024
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 12% if the final level of each index is greater than or equal to its digital barrier; otherwise, investors will lose 1% for every 1% that the lesser performer declines from its initial level
Initial levels:	1,821.635 for Russell and 14,891.48 for Nasdaq
Digital barriers:	1,275.145 for Russell and 10,424.04 for Nasdaq, 70% of initial level
Pricing date:	June 23, 2023
Settlement date:	June 28, 2023
Agents:	UBS Financial Services Inc. and UBS Investment Bank
Fees:	1%
Cusip:	90279GSU4

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