New Issue: UBS prices $100,000 buffered return optimization securities on Nucor

By Kiku Steinfeld

Chicago, April 3 – UBS AG, London Branch priced $100,000 of buffered return optimization securities due July 16, 2025 linked to Nucor Corp. stock, according to a 424B2 filing with the Securities and Exchange Commission.

If Nucor stock closes at or above its initial price, the payout at maturity will be par plus two times any gain, capped at par plus 43.31%.

If Nucor stock declines by up to 10%, the payout will be par. Investors will be exposed to any losses beyond 10%.

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

Issuer:	UBS AG, London Branch
Issue:	Buffered return optimization securities
Underlying stock:	Nucor Corp. (NYSE: NUE)
Amount:	$100,000
Maturity:	July 16, 2025
Coupon:	0%
Price:	Par of $10
Payout at maturity:	Par plus two times return of Nucor stock, capped at 43.31%; par if stock declines by up to 10%; exposure to losses beyond 10%
Initial share price:	$168.34
Pricing date:	July 11, 2023
Settlement date:	July 13, 2023
Agents:	UBS Financial Services Inc. and UBS Investment Bank
Fees:	1%
Cusip:	90301U118

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