New York, Feb. 15 – UBS AG, London Branch priced $130,000 of trigger phoenix autocallable optimization securities due Aug. 19, 2025 linked to the common stock of CrowdStrike Holdings, Inc., according to a 424B2 filing with the Securities and Exchange Commission.
If CrowdStrike Holdings stock closes at or above the trigger price – 70% of the initial share price – on a monthly observation date, the issuer will pay a contingent coupon for that month at the rate of 19.8%. Otherwise, no coupon will be paid that month.
If the stock closes at or above the initial price on a monthly observation date, the notes will be called at par plus the contingent coupon.
If the notes are not called and CrowdStrike Holdings shares finish at or above the trigger price, the payout at maturity will be par plus the contingent coupon. Otherwise, investors will be exposed to the share price decline from the initial price.
UBS Financial Services Inc. and UBS Investment Bank are the underwriters.
| Issuer: | UBS AG, London Branch
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| Issue: | Trigger phoenix autocallable optimization securities
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| Underlying stock: | CrowdStrike Holdings, Inc. (Nasdaq: CRWD)
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| Amount: | $130,000
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| Maturity: | Aug. 19, 2025
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| Coupon: | 19.8%, payable monthly if stock closes at or above trigger price on observation date for that month
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| Price: | Par of $10.00
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| Payout at maturity: | Par plus contingent coupon if CrowdStrike Holdings shares finish at or above trigger price; otherwise, par plus stock return
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| Call: | Automatically at par plus contingent coupon if CrowdStrike Holdings shares close at or above initial price on a monthly observation date
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| Initial share price: | $334.55
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| Trigger price: | $234.19, 70% of initial price
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| Pricing date: | Feb. 14
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| Settlement date: | Feb. 16
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| Underwriters: | UBS Financial Services Inc. and UBS Investment Bank
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| Fees: | 1.25%
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| Cusip: | 90306X232
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