By William Gullotti
Buffalo, N.Y., Jan. 18 – UBS AG London Branch priced $1.27 million of buffer autocallable notes due Jan. 17, 2029 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.
The notes will be called at par plus a 12.15% annualized call premium if the index closes at or above its initial level on any semiannual valuation date after one year.
If the notes are not called, the payout at maturity will be par unless the index finishes below its 90% buffer level, in which case investors will lose 1% for every 1% that the index declines beyond 10%.
UBS Securities LLC and UBS Investment Bank are the agents.
| Issuer: | UBS AG, London Branch
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| Issue: | Buffer autocallable notes
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| Underlying index: | Euro Stoxx 50 index
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| Amount: | $1.27 million
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| Maturity: | Jan. 17, 2029
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| Coupon: | 0%
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| Price: | Par
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| Payout at maturity: | Par unless the index finishes below buffer level, in which case 1% loss for each 1% decline of the index beyond buffer
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| Call: | Automatically at par plus a 12.15% annualized call premium if the index closes at or above its initial level on any semiannual valuation date after one year
|
| Initial level: | 4,442.28
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| Buffer level: | 3,998.05; 90% of initial level
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| Pricing date: | Jan. 11
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| Settlement date: | Jan. 17
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| Agents: | UBS Financial Services Inc. and UBS Investment Bank
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| Fees: | 0.75%
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| Cusip: | 90279WE83
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