New Issue: UBS prices $9.26 million digital index-linked notes linked to S&P 500

By Wendy Van Sickle

Columbus, Ohio, April 18 – UBS AG, London Branch priced $9.26 million of 0% digital index-linked notes due June 24, 2026 linked to the S&P 500 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 19.8%.

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:	S&P 500 index
Amount:	$9,262,000
Maturity:	June 24, 2026
Coupon:	0%
Price:	Par
Payout at maturity:	If index finishes at or above 85% buffer level, par plus 19.8%; otherwise, 1.1765% loss for each 1% decline beyond 15%
Initial level:	5,123.41
Buffer level:	4,354.8985; 85% of initial level
Pricing date:	April 12
Settlement date:	April 19
Agent:	UBS Securities LLC
Dealer:	iCapital Markets LLC
Fees:	0%
Cusip:	85307DBQ4

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