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Published on 5/18/2023 in the Prospect News Structured Products Daily.

New Issue: UBS prices $100,000 buffered return optimization securities linked to Energy Select

New York, May 18 – UBS AG, London Branch priced $100,000 of buffered return optimization securities due May 14, 2025 linked to the Energy Select Sector SPDR fund, according to a 424B2 filing with the Securities and Exchange Commission.

If the fund closes at or above its initial price, the payout at maturity will be par plus two times any gain, capped at par plus 24.72%.

If the fund declines by up to 25%, the payout will be par. Investors will be exposed to any losses beyond 25%.

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

Issuer:UBS AG, London Branch
Issue:Buffered return optimization securities
Underlying ETF:Energy Select Sector SPDR fund
Amount:$100,000
Maturity:May 14, 2025
Coupon:0%
Price:Par of $10
Payout at maturity:Par plus two times return of ETF, capped at 24.72%; par if stock declines by up to 25%; exposure to losses beyond 25%
Initial share price:$80.26
Pricing date:May 9
Settlement date:May 11
Agents:UBS Financial Services Inc. and UBS Investment Bank
Fees:2%
Cusip:90286H728

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