New Issue: UBS prices $225,000 return optimization securities tied to Tapestry

By Marisa Wong

Los Angeles, April 13 – UBS AG, London Branch priced $225,000 of 0% return optimization securities due April 9, 2026 linked to the common stock of Tapestry, Inc., according to a 424B2 filing with the Securities and Exchange Commission.

If the stock finishes above its initial price, the payout at maturity will be par plus 5 times the gain, capped at par plus 91.35%.

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:	Tapestry, Inc. (Symbol: TPR)
Amount:	$225,000
Maturity:	April 9, 2026
Coupon:	0%
Price:	Par of $10
Payout at maturity:	Par plus 5 times any share price gain, capped at par plus 91.35%; otherwise, full exposure to losses
Initial share price:	$42.69
Pricing date:	April 5
Settlement date:	April 7
Underwriters:	UBS Financial Services Inc. and UBS Investment Bank
Fees:	3.5%
Cusip:	90285T392

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