New Issue: UBS prices $500,000 trigger digital notes linked to Dow, Nasdaq, Russell

By Angela McDaniels

Tacoma, Wash., July 3 – UBS AG, London Branch priced $500,000 of 0% trigger digital notes due Feb. 1, 2024 linked to the Dow Jones industrial average, the Nasdaq-100 index and the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the final level of each index is greater than or equal to its downside threshold, 70% of its initial level, the payout at maturity will be par plus 18%. Otherwise, investors will lose 1% for every 1% that the least performing index declines from its initial level.

UBS Securities LLC and UBS Investment Bank are the agents.

Issuer:	UBS AG, London Branch
Issue:	Trigger digital notes
Underlying indexes:	Dow Jones industrial average, Nasdaq-100 index and the Russell 2000 index
Amount:	$500,000
Maturity:	Feb. 1, 2024
Coupon:	0%
Price:	Par
Payout at maturity:	If final level of each index is greater than or equal to downside threshold, par plus 18%; otherwise 1% loss for every 1% that least performing index declines from initial level
Initial levels:	32,845.13 for Dow, 12,947.97 for Nasdaq and 1,885.23 for Russell
Downside thresholds:	22,991.59 for Dow, 9,063.58 for Nasdaq and 1,319.661 for Russell, or 70% of initial levels
Pricing date:	July 29, 2022
Settlement date:	Aug. 3, 2022
Agents:	UBS Securities LLC and UBS Investment Bank
Fees:	0.7%
Cusip:	90279FNS6

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