New Issue: UBS sells $554,000 capped buffer securities linked to Nasdaq, Russell, S&P

By William Gullotti

Buffalo, N.Y., Sept. 24 – UBS AG, London Branch priced $554,000 of 0% capped buffer securities due Jan. 6, 2023 linked to the performance of 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.

The payout at maturity will be par plus the gain of the least performing index, subject to a maximum payout of par plus 23.5%.

If the worst performer declines up to 15%, investors will receive par. Otherwise, investors will lose 1% for every 1% decline of the worst performer beyond 15%.

UBS Securities LLC and UBS Investment Bank are the agents.

Issuer:	UBS AG, London Branch
Issue:	Capped buffer securities
Underlying indexes:	Nasdaq-100 index, Russell 2000 index, S&P 500 index
Amount:	$554,000
Maturity:	Jan. 6, 2023
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus the gain of the least performing index, capped at 23.5%; if the worst performer declines by up to 15%, par; otherwise, 1% loss for every 1% decline of the worst performer beyond 15%
Initial levels:	14,727.63 for Nasdaq, 2,305.762 for Russell, 4,352.34 for S&P
Threshold levels:	12,518.49 for Nasdaq, 1,959.898 for Russell, 3,699.49 for S&P; 85% of initial level
Pricing date:	July 2
Settlement date:	July 8
Agents:	UBS Securities LLC and UBS Investment Bank
Fees:	0.25%
Cusip:	90276BY80

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