New Issue: UBS prices $583,000 buffer digital securities on Dow

By Kiku Steinfeld

Chicago, Jan. 5 – UBS AG, London Branch priced $583,000 of 0% buffer digital securities due July 30, 2024 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 12.5% if the index return is zero or positive.

Investors will receive par if the index falls by up to 10% and will lose 1% per 1% drop beyond 10%.

UBS Securities LLC and UBS Investment Bank are the agents.

Issuer:	UBS AG, London Branch
Issue:	Buffer digital securities
Underlying index:	Dow Jones Industrial Average
Amount:	$583,000
Maturity:	July 30, 2024
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 12.5% if index return is zero or positive; par if index declines by up to 10%; 1% loss for every 1% that index declines beyond 10%
Initial index level:	33,530.83
Buffer level:	30,177.75, 90% of initial level
Pricing date:	April 25, 2023
Settlement date:	April 28, 2023
Underwriter:	UBS Securities LLC and UBS Investment Bank
Fees:	1.8%
Cusip:	90279GCA5

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