New Issue: UBS prices $1.5 million 12.25% trigger callable yield notes on two indexes, ETF

By William Gullotti

Buffalo, N.Y., Sept. 7 – UBS AG, London Branch priced $1.5 million of 12.25% trigger callable yield notes due Sept. 6, 2024 linked to the Nasdaq-100 index, the Russell 2000 index and the Technology Select Sector SPDR Fund, according to a 424B2 filing with the Securities and Exchange Commission.

Interest is payable monthly.

The notes are callable at par on any monthly call date after six months.

The payout at maturity will be par unless any underlier finishes below its 70% downside threshold level, in which case investors will lose 1% for each 1% decline of the worst performer from its initial level.

UBS Financial Services Inc. is the agent.

Issuer:	UBS AG, London Branch
Issue:	Trigger callable yield notes
Underlying assets:	Nasdaq-100 index, Russell 2000 index, Technology Select Sector SPDR Fund
Amount:	$1.5 million
Maturity:	Sept. 6, 2024
Coupon:	12.25% per year, payable monthly
Price:	Par
Payout at maturity:	Par unless any underlier finishes below downside threshold, in which case 1% loss for each 1% decline worst performer from initial level
Call option:	At par on any monthly evaluation date after six months
Initial levels:	15,501.07 for Nasdaq, 1,899.676 for Russell, $175.66 for ETF
Downside thresholds:	10,850.75 for Nasdaq, 1,329.773 for Russell, $122.96 for ETF; 70% of initial levels
Pricing date:	Aug. 31
Settlement date:	Sept. 6
Agent:	UBS Financial Services Inc.
Fees:	0.25%
Cusip:	90279GZ51

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