New Issue: UBS prices $100,000 buffered return optimization securities on oil services ETF

New York, Jan. 22 – UBS AG, London Branch priced $100,000 of 0% buffered return optimization securities due Jan. 29, 2021 linked to the Market Vectors Oil Services exchange-traded fund, according to a 424B2 filing with the Securities and Exchange Commission.

If the ETF’s shares close at or above the initial price, the payout at maturity will be par plus 1.25 times any gain, capped at par plus 96.31%.

If the shares decline by up to 15%, the payout will be par. Investors will be exposed to any losses beyond 15%.

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

Issuer:	UBS AG, London Branch
Issue:	Buffered return optimization securities
Underlying ETF:	Market Vectors Oil Services ETF
Amount:	$100,000
Maturity:	Jan. 29, 2021
Coupon:	0%
Price:	Par of $10
Payout at maturity:	Par plus 1.25 times return of ETF, capped at 96.31%; par if ETF declines by up to 15%; exposure to losses beyond 15%
Initial share price:	$22.74
Pricing date:	Jan. 22
Settlement date:	Jan. 27
Agents:	UBS Financial Services Inc. and UBS Investment Bank
Fees:	3%
Cusip:	90275M886

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