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Published on 10/28/2021 in the Prospect News Structured Products Daily.

New Issue: UBS sells $3.64 million capped buffer securities linked to Dow

By Kiku Steinfeld

Chicago, Oct. 28 – UBS AG, London Branch priced $3.64 million of 0% capped buffer securities due Oct. 20, 2022 linked to the Dow Jones industrial average, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus any index gain, capped at 12%. Investors will receive par if the index falls by up to 10% and will lose 1% for every 1% decline of the index beyond 10%.

UBS Securities LLC and UBS Investment Bank are the agents.

Issuer:UBS AG, London Branch
Issue:Capped buffer securities
Underlying index:Dow Jones industrial average
Amount:$3,638,000
Maturity:Oct. 20, 2022
Coupon:0%
Price:Par of $1,000
Payout at maturity:Par plus any index gain, capped at 12%; par if index falls by up to 10%; 1% loss for every 1% decline of index beyond 10%
Initial level:35,294.76
Threshold level:31,765.28, 90% of initial level
Pricing date:Oct. 15
Settlement date:Oct. 20
Agents:UBS Securities LLC and UBS Investment Bank
Fees:0.1524%
Cusip:90279DJG2

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