By William Gullotti
Buffalo, N.Y., April 18 – UBS AG, London Branch priced $1.72 million of 0% buffered Performance Leveraged Upside Securities due Sept. 5, 2025 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.
The payout at maturity will be par plus 200% of any index gain, capped at par plus 18.1%.
Investors will receive par if the index falls by up to 10% and will be fully exposed to any losses beyond the buffer.
UBS Securities LLC is the agent with distribution through Morgan Stanley Wealth Management.
| Issuer: | UBS AG, London Branch
|
| Issue: | Buffered Performance Leveraged Upside Securities
|
| Underlying index: | S&P 500 index
|
| Amount: | $1.72 million
|
| Maturity: | Sept. 5, 2025
|
| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | Par plus 200% of any index gain, capped at par plus 18.1%; par if index declines by up to 10%; 1% loss per 1% decline beyond 10%
|
| Initial value: | 5,205.81
|
| Buffer level: | 90% of initial value
|
| Strike date: | April 2
|
| Pricing date: | April 3
|
| Settlement date: | April 10
|
| Agent: | UBS Securities LLC with Morgan Stanley Wealth Management as distributor
|
| Fees: | None
|
| Cusip: | 90307DAK8
|
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