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Published on 3/20/2021 in the Prospect News Structured Products Daily.

New Issue: UBS sells $3.46 million capped leveraged notes on index basket

By Kiku Steinfeld

Chicago, March 22 – UBS AG, London Branch priced $3.46 million of 0% capped leveraged notes due May 17, 2023 linked to a basket of indexes, according to a 424B2 filing with the Securities and Exchange Commission.

The basket consists of the Euro Stoxx 50 index with a 36% weight, the FTSE 100 index with a 16% weight, the Topix index with a 29% weight, the Swiss Market index with an 11% weight and the S&P/ASX 200 index with an 8% weight.

The payout at maturity will be par plus 3 times any basket gain, capped at 42.6%.

Investors will lose 1% for each 1% decline.

UBS Securities LLC is the agent.

Issuer:UBS AG, London Branch
Issue:Capped leveraged notes
Underlying indexes:Euro Stoxx 50 (36% weight), FTSE 100 (16% weight), Topix index (29% weight), Swiss Market index (11% weight) and S&P/ASX 200 (8% weight)
Amount:$3,461,000
Maturity:May 17, 2023
Coupon:0%
Price:Par
Payout at maturity:Par plus 300% of any basket gain, return capped at 42.6%; 1% loss for every 1% decline
Initial levels:3,707.72 Euro Stoxx, 6,613.75 for FTSE, 1,894.85 for Topix, 10,817.15 for Swiss Market, 6,762.272 for S&P/ASX
Pricing date:March 2
Settlement date:March 9
Agent:UBS Securities LLC
Fees:None
Cusip:90276BSQ7

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