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Published on 4/18/2024 in the Prospect News Structured Products Daily.

New Issue: UBS prices $5.49 million digital index-linked notes linked to Euro Stoxx 50

By William Gullotti

Buffalo, N.Y., April 18 – UBS AG, London Branch priced $5.49 million of 0% digital index-linked notes due Aug. 8, 2025 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index finishes at or above its 85% buffer level, the payout at maturity will be the threshold settlement amount of par plus 12.22%.

Otherwise, investors will lose 1.1765% for each 1% decline beyond 15%.

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

Issuer:UBS AG, London Branch
Issue:Digital index-linked notes
Underlying index:Euro Stoxx 50 index
Amount:$5,494,000
Maturity:Aug. 8, 2025
Coupon:0%
Price:Par
Payout at maturity:If index finishes at or above 85% buffer level, par plus 12.22%; otherwise, 1.1765% loss for each 1% decline beyond 15%
Initial level:5,069.25
Buffer level:4,308.8625; 85% of initial level
Pricing date:April 3
Settlement date:April 10
Agent:UBS Securities LLC
Dealer:iCapital Markets LLC
Fees:None
Cusip:9026748N3

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