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Published on 5/6/2024 in the Prospect News Structured Products Daily.

New Issue: UBS prices $42.39 million of digital basket-linked notes on indexes

Chicago, May 6 – UBS AG, London Branch priced $42.39 million of digital basket-linked notes due June 16, 2026 linked a weighted basket of indexes, according to a 424B2 filing with the Securities and Exchange Commission.

The basket consists of the Euro Stoxx 50 index with a 38% weight, the Topix index with a 26% weight, the FTSE 100 index with a 17% weight, the Swiss Market index with an 11% weight and the S&P/ASX 200 index with an 8% weight.

If the basket finishes flat or gains, the payout at maturity will be the greater of par plus the basket return or the 30% threshold settlement.

Investors will be fully exposed to any basket decline.

UBS Securities LLC is the agent. iCapital Markets LLC is acting as dealer.

Issuer:UBS AG, London Branch
Issue:Digital basket-linked notes
Underlying basket:Euro Stoxx 50 (38% weight), Topix (26% weight), FTSE 100 (17% weight), Swiss Market (11% weight), S&P/ASX 200 (8% weight)
Amount:$42,390,000
Maturity:June 16, 2026
Coupon:0%
Price:Par
Payout at maturity:If the basket finishes flat or gains, greater of par plus the basket return and 30%; otherwise, full exposure to basket decline
Initial levels:4,921.22 for Euro Stoxx, 2,743.17 for Topix, 8,144.13 for FTSE, 11,260.91 for Swiss Market, 7,664.075 for S&P/ASX
Strike date:April 30
Pricing date:May 1
Settlement date:May 8
Agent:UBS Securities LLC
Dealer:iCapital Markets LLC
Fees:1.84%
Cusip:90307DKB7

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