New Issue: UBS prices $2.57 million autocallable buffered notes on S&P 500

By Wendy Van Sickle

Columbus, Ohio, Sept. 16 – UBS AG, London Branch priced $2.57 million of 0% autocallable buffered index-linked notes due Sept. 15, 2022 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes will be automatically called at par plus 2.7375% if the index closes at or above the initial index level on June 15, 2022.

If the notes are not called and the index return is positive, the payout at maturity will be par plus 3.65%. Investors will receive par if the index falls by up to 20% and will lose 1.25% for each 1% loss beyond 20%.

UBS Securities LLC is the underwriter.

Issuer:	UBS AG, London Branch
Issue:	Autocallable buffered index-linked notes
Underlying index:	S&P 500
Amount:	$2.57 million
Maturity:	Sept. 15, 2022
Coupon:	0%
Price:	Par
Payout at maturity:	If index return is positive, par plus 3.65%; par if the index falls by up to 20%; 1.25% loss for each 1% loss beyond 20%
Call:	Automatically at par plus 2.7375% if the index closes at or above the initial index level on June 15, 2022
Initial level:	4,468.73
Buffer level:	3,574.984, 80% of initial level
Pricing date:	Sept. 13
Settlement date:	Sept. 20
Agent:	UBS Securities LLC
Fees:	1%
Cusip:	90279DGJ9

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