New Issue: UBS prices $8.71 million trigger performance securities linked to Euro Stoxx 50

By Angela McDaniels

Tacoma, Wash., June 28 - UBS AG, London Branch priced $8.71 million of 0% trigger performance securities due June 30, 2023 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index return is positive, the payout at maturity will be par of $10 plus 261.49% of the index return. Investors will receive par if the index falls by up to 50% and will be fully exposed to losses from the initial level if it falls by more than 50%.

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

Issuer:	UBS AG, London Branch
Issue:	Trigger performance securities
Underlying index:	Euro Stoxx 50
Amount:	$8,712,810
Maturity:	June 30, 2023
Coupon:	0%
Price:	Par of $10
Payout at maturity:	If index return is positive, par plus 261.49% of index return; par if index falls by up to 50%; full exposure to losses if index falls more than 50%
Initial index level:	2,602.81
Trigger level:	1,301.41, 50% of initial level
Pricing date:	June 26
Settlement date:	June 28
Underwriters:	UBS Financial Services Inc. and UBS Investment Bank
Fees:	5%
Cusip:	90271C726

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