UBS plans contingent yield trigger autocallables tied to three indexes

By Susanna Moon

Chicago, Jan. 10 – UBS AG, London Branch plans to price trigger autocallable contingent yield notes due Jan. 19, 2022 linked to the least performing of the Russell 2000 index, the S&P 500 index and the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes will pay a contingent quarterly coupon at an annual rate of 8% if each index closes at or above its 65% downside threshold on the observation date for that quarter.

The notes will be called at par of $10 if each index closes at or above its initial level on any quarterly observation date after six months.

The payout at maturity will be par unless any index finishes below its 65% downside threshold level, in which case investors will be fully exposed to any losses of the worst performing index.

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

The notes will price on Jan. 13.

The Cusip number is 90270KHV4.

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