By William Gullotti
Buffalo, N.Y., Feb. 6 – UBS AG, London Branch priced $2.18 million of trigger autocallable contingent yield notes due Feb. 5, 2026 linked to the common stock of U.S. Bancorp, according to a 424B2 filing with the Securities and Exchange Commission.
The notes will pay a quarterly coupon at the rate of 11.35% per year if the stock closes at or above its coupon barrier, 60% of its initial share price, on any related observation date.
The notes will be automatically called at par plus coupon if the shares of the stock close at or above the initial share price on any quarterly call observation date after six months.
If the notes are not called and the final share price is greater than or equal to the downside threshold level, 60% of the initial share price, the payout at maturity will be par plus the final coupon. Otherwise, investors will receive a number of shares equal to $1,000 divided by the initial share price.
UBS Securities LLC and UBS Investment Bank are the agents.
| Issuer: | UBS AG, London Branch
|
| Issue: | Trigger autocallable contingent yield notes
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| Underlying stock: | U.S. Bancorp
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| Amount: | $2,184,000
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| Maturity: | Feb. 5, 2026
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| Coupon: | 11.35% per year, paid quarterly, if the stock closes at or above its coupon barrier on any related observation date
|
| Price: | Par
|
| Payout at maturity: | Par plus the final coupon unless the stock finishes below downside threshold level, in which case investors will receive 24.0732 shares per note
|
| Call: | Automatically at par plus coupon if the stock closes at or above initial share price on any quarterly call observation date after six months
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| Initial share price: | $41.54
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| Coupon barrier level: | $24.92; 60% of initial share price
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| Downside threshold: | $24.92; 60% of initial share price
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| Pricing date: | Jan. 31
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| Settlement date: | Feb. 5
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| Agents: | UBS Securities LLC and UBS Investment Bank
|
| Fees: | 1.75%
|
| Cusip: | 90279W2U7
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