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Published on 10/30/2019 in the Prospect News Structured Products Daily.

New Issue: UBS prices $139,866 7.84% trigger yield optimization notes linked to Advance Auto

New York, Oct. 30 – UBS AG, London Branch priced $139,866.41 of 7.84% annualized trigger yield optimization notes due May 5, 2020 linked to the common stock of Advance Auto Parts, Inc., according to a 424B2 filing with the Securities and Exchange Commission.

The face amount of each note is $163.97, which is equal to the initial share price of Advance Auto stock.

Interest is payable monthly.

The payout at maturity will be par unless the final price of Advance Auto stock is less than 80% of the initial share price, in which case investors will receive one Advance Auto share per note.

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

Issuer:UBS AG, London Branch
Issue:Trigger yield optimization notes
Underlying stock:Advance Auto Parts, Inc. (NYSE: AAP)
Amount:$139,866.41
Maturity:May 5, 2020
Coupon:7.84%, payable monthly
Price:Par of $163.97
Payout at maturity:If final share price is less than trigger price, one Advance Auto share; otherwise, par
Initial share price:$163.97
Trigger price:$131.18, 80% of initial price
Pricing date:Oct. 30
Settlement date:Nov. 1
Underwriters:UBS Financial Services Inc. and UBS Investment Bank
Fees:1%
Cusip:90288J524

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