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Published on 10/17/2023 in the Prospect News Structured Products Daily.

New Issue: UBS prices $682,000 capped buffer securities linked to EM index

Chicago, Oct. 17 – UBS AG, London Branch priced $682,000 of 0% capped buffer securities due Nov. 8, 2023 linked to the performance of the MSCI Emerging Markets index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus the gain of the index, subject to a maximum payout of par plus 26%.

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

UBS Securities LLC and UBS Investment Bank are the agents.

Issuer:UBS AG, London Branch
Issue:Capped buffer securities
Underlying index:MSCI Emerging Markets index
Amount:$682,000
Maturity:Nov. 8, 2023
Coupon:0%
Price:Par
Payout at maturity:Par plus the gain of the index, capped at par plus 26%; if the index declines by up to 15%, par; otherwise, 1% loss for every 1% decline of the index beyond 15%
Initial level:876.15
Buffer level:744.73; 85% of initial level
Pricing date:Oct. 3, 2022
Settlement date:Oct. 11, 2022
Agents:UBS Securities LLC and UBS Investment Bank
Fees:0.25%
Cusip:90279FWP2

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