By Wendy Van Sickle
Columbus, Ohio, Dec. 6 – UBS AG, London Branch priced $1.57 million of barrier market-linked notes with daily observation due Dec. 2, 2025 linked to the shares of Chevron Corp., according to a 424B2 filing with the Securities and Exchange Commission.
At maturity, investors will receive par plus 19.6% if the stock has closed above 140% of its initial level at any point during the life of the notes.
If this has not occurred and the stock finishes positive, investors will receive par plus the return of the stock, capped at par plus 40%.
Otherwise, investors will receive par.
UBS Financial Services Inc. and UBS Investment Bank are the underwriters.
| Issuer: | UBS AG, London Branch
|
| Issue: | Barrier market-linked notes with daily barrier observation
|
| Underlying stock: | Chevron Corp.
|
| Amount: | $1,568,000
|
| Maturity: | Dec. 2, 2025
|
| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | Par plus 19.6% if stock closes above 140% of initial level at any point during life of notes; if stock has never closed above 140% of initial level but finishes positive, par plus the return, capped at par plus 40%; otherwise, par
|
| Initial level: | $145.51
|
| Upper barrier level: | $203.71; 140% of initial level
|
| Pricing date: | Nov. 28
|
| Settlement date: | Nov. 30
|
| Underwriters: | UBS Financial Services Inc. and UBS Investment Bank
|
| Fees: | 2%
|
| Cusip: | 90279WQS6
|
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