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Published on 1/11/2021 in the Prospect News Structured Products Daily.

New Issue: UBS sells $139,000 trigger performance securities linked to Kinder Morgan

By Wendy Van Sickle

Columbus, Ohio, Jan. 11 – UBS AG, London Branch priced $139,000 of 0% trigger performance securities due Dec. 30, 2025 linked to the common stock of Kinder Morgan, Inc., according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par of $10 plus 304.236762% of any gain in the stock.

Investors will be fully exposed to any share price decline.

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

Issuer:UBS AG, London Branch
Issue:Trigger performance securities
Underlying stock:Kinder Morgan, Inc.
Amount:$139,000
Maturity date:Dec. 30, 2025
Coupon:0%
Price:Par of $10
Payout at maturity:If stock gains, par plus 304.236762% of return; full exposure to share price decline
Initial price:$13.83
Pricing date:Dec. 24
Settlement date:Dec. 29
Agents:UBS Financial Services Inc. and UBS Investment Bank
Fees:3.5%
Cusip:90282R829

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