New Issue: UBS sells $3.75 million trigger autocallable contingent yield notes with memory on stocks

By William Gullotti

Buffalo, N.Y., Oct. 19 – UBS AG, London Branch priced $3.75 million of trigger autocallable contingent yield notes with memory interest due Oct. 21, 2026 linked to the least performing of the common stocks of Adobe Inc., Meta Platforms, Inc. and Micron Technology, Inc., according to a 424B2 filing with the Securities and Exchange Commission.

The notes will pay a contingent monthly coupon at the rate of 18.3% per year if each stock closes at or above its coupon barrier, 60% of its initial level, on any related observation date. Contingent coupon payments will include any previously unpaid coupons.

The notes will be automatically called at par plus the coupon if the shares of each stock close at or above its initial share price on any monthly call observation date after one year.

If the notes are not called and the final share price of each stock 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 lose 1% for every 1% that the final share price of the least performing stock is less than its initial share price.

UBS Securities LLC and UBS Investment Bank are the agents.

Issuer:	UBS AG, London Branch
Issue:	Trigger autocallable contingent yield notes with memory interest
Underlying stocks:	Adobe Inc., Meta Platforms, Inc., Micron Technology, Inc.
Amount:	$3,745,000
Maturity:	Oct. 21, 2026
Coupon:	18.3% per year, paid monthly, if each stock closes at or above its coupon barrier on any related observation date; coupon payment events will include previously unpaid coupons, if any
Price:	Par
Payout at maturity:	Par plus final coupon unless any stock finishes below downside threshold level, in which case 1% loss for each 1% decline of laggard stock from initial level
Call:	Automatically at par plus coupon if each stock closes at or above initial level on any monthly call observation date after one year
Initial levels:	$550.74 for Adobe, $321.15 for Meta, $69.08 for Micron
Coupon barrier levels:	$330.44 for Adobe, $192.69 for Meta, $41.45 for Micron; 60% of initial levels
Downside thresholds:	$330.44 for Adobe, $192.69 for Meta, $41.45 for Micron; 60% of initial levels
Pricing date:	Oct. 16
Settlement date:	Oct. 19
Agents:	UBS Securities LLC and UBS Investment Bank
Fees:	None
Cusip:	90279DDA1

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