New Issue: UBS prices $358,000 return optimization securities on Vaneck Vectors

New York, Feb. 12 – UBS AG, London Branch priced $358,000 of return optimization securities due Feb. 18, 2021 linked to the shares of Vaneck Vectors Oil Services ETF, according to a 424B2 filing with the Securities and Exchange Commission.

If Vaneck Vectors stock closes at or above the initial price, the payout at maturity will be par plus three times any gain in shares of Vaneck Vectors capped at 28.68%.

Investors will share in any losses.

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

Issuer:	UBS AG, London Branch
Issue:	Return optimization securities
Underlying stock:	Vaneck Vectors Oil Services ETF
Amount:	$358,000
Maturity:	Feb. 18, 2021
Coupon:	0%
Price:	Par of $10
Payout at maturity:	Par plus three times any gain in shares of Vaneck Vectors, capped at 28.68%; otherwise, exposure to any losses
Initial share price:	$11.41
Pricing date:	Feb. 12
Settlement date:	Feb. 14
Underwriters:	UBS Financial Services Inc. and UBS Investment Bank
Fees:	2%
Cusip:	90288W657

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