New Issue: UBS sells $3.83 million trigger jump securities on WTI Futures

By William Gullotti

Buffalo, N.Y., Feb. 26 – UBS AG, London Branch priced $3.83 million of 0% trigger jump securities due April 22, 2025 linked to the performance of a West Texas Intermediate Light Sweet Crude Oil futures contract, according to a 424B2 filing with the Securities and Exchange Commission.

If the commodity finishes at or above its 70% trigger level, the payout at maturity will be par plus 21.55%.

Otherwise, investors will lose 1% for each 1% decline of the commodity from its initial level.

UBS Securities LLC is the agent with Morgan Stanley Wealth Management handling distribution.

Issuer:	UBS AG, London Branch
Issue:	Trigger jump securities
Underlying commodity:	West Texas Intermediate Light Sweet Crude Oil futures contract
Amount:	$3,834,000
Maturity:	April 22, 2025
Coupon:	0%
Price:	Par
Payout at maturity:	If the commodity finishes at or above trigger level, par plus 21.55%; otherwise, 1% loss for each 1% decline from initial level
Initial level:	$78.03
Trigger level:	$62.42; 80% of initial level
Pricing date:	Feb. 15
Settlement date:	Feb. 21
Agent:	UBS Securities LLC
Distribution:	Morgan Stanley Wealth Management
Fees:	2.25%
Cusip:	90279WY81

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