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Published on 4/11/2024 in the Prospect News Structured Products Daily.

New Issue: UBS prices $160,000 buffered return optimization securities linked to JPMorgan Chase

New York, April 11 – UBS AG, London Branch priced $160,000 of buffered return optimization securities due April 6, 2026 linked to JPMorgan Chase & Co. stock, according to a 424B2 filing with the Securities and Exchange Commission.

If JPMorgan Chase stock closes at or above its initial price, the payout at maturity will be par plus two times any gain, capped at par plus 26.7%.

If JPMorgan Chase stock declines by up to 10%, the payout will be par. Investors will be exposed to any losses beyond 10%.

The agent is UBS Financial Services Inc. and UBS Investment Bank.

Issuer:UBS AG, London Branch
Issue:Buffered return optimization securities
Underlying stock:JPMorgan Chase & Co. (NYSE: JPM)
Amount:$160,000
Maturity:April 6, 2026
Coupon:0%
Price:Par of $10
Payout at maturity:Par plus two times return of JPMorgan Chase stock, capped at 26.7%; par if stock declines by up to 10%; exposure to losses beyond 10%
Initial share price:$198.94
Pricing date:April 1
Settlement date:April 3
Agents:UBS Financial Services Inc. and UBS Investment Bank
Fees:1%
Cusip:90307C781

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