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Published on 2/17/2021 in the Prospect News Structured Products Daily.

New Issue: UBS prices $224,965 12.91% trigger yield optimization notes linked to DISH

New York, Feb. 17 – UBS AG, London Branch priced $224,965 of 12.91% trigger yield optimization notes due Feb. 23, 2022 linked to the common stock of DISH Network Corp., according to a 424B2 filing with the Securities and Exchange Commission.

The face amount of each note is $32.50, which is equal to the initial share price of DISH Network stock.

Interest is payable monthly.

The payout at maturity will be par unless the final price of DISH Network stock is less than 60% of the initial share price, in which case investors will receive one DISH Network share per note.

UBS Financial Services Inc. and UBS Investment Bank are the underwriters.

Issuer:UBS AG, London Branch
Issue:Trigger yield optimization notes
Underlying stock:DISH Network Corp. (Nasdaq: DISH)
Amount:$224,965
Maturity:Feb. 23, 2022
Coupon:12.91%, payable monthly
Price:Par of $32.50
Payout at maturity:If final share price is less than trigger price, one DISH Network share; otherwise, par
Initial share price:$32.50
Trigger price:$19.50, 60% of initial price
Pricing date:Feb. 17
Settlement date:Feb. 19
Underwriters:UBS Financial Services Inc. and UBS Investment Bank
Fees:2%
Cusip:90285E858

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