New Issue: UBS sells $1.17 million trigger gears tied to Russell, S&P, Nasdaq

By Kiku Steinfeld

Chicago, Dec. 1 – UBS AG, London Branch priced $1.17 million of 0% trigger gears due April 1, 2027 linked to the Nasdaq-100 index, the Russell 2000 index and the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

If each index return is positive, the payout at maturity will be par plus 1.75 times the lesser performing index return.

If either index falls by up to 15%, the payout will be par.

Investors will lose 1% for every 1% decline of the lesser performing index below the initial level if it finishes below the 85% downside threshold.

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

Issuer:	UBS AG, London Branch
Issue:	Trigger gears
Underlying index:	S&P 500, Russell 2000, Nasdaq
Amount:	$1.17 million
Maturity:	April 1, 2027
Coupon:	0%
Price:	Par
Payout at maturity:	If each index return is positive, par plus 1.75 times the lesser performing index return; if either index falls by up to downside threshold, par; 1% loss for every 1% decline of the lesser performing index below the initial level if it finishes below the downside threshold
Initial index level:	14,987.40 for Nasdaq, 2,078.060 for Russell, 4,575.52 for S&P
Downside threshold:	12,739.29 for Nasdaq, 1,766.351 for Russell, 3,889.19 for S&P; 85% of initial levels
Pricing date:	March 28
Settlement date:	March 31
Agents:	UBS Financial Services Inc. and UBS Investment Bank
Fees:	3.5%
Cusip:	90279DU95

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