New Issue: UBS prices $3.5 million trigger gears linked to weighted index basket

By William Gullotti

Buffalo, N.Y., June 7 – UBS AG, London Branch priced $3.5 million of 0% trigger gears due June 5, 2026 linked to a weighted basket of indexes, according to a 424B2 filing with the Securities and Exchange Commission.

The basket consists of the Stoxx Europe 600 index with a 67.5% weight, the Nikkei 225 index with a 25% weight and the S&P/ASX 200 index with a 7.5% weight.

If the basket return is positive, the payout at maturity will be par plus 2.27 times the basket return.

If the basket falls by up to 20%, the payout will be par. Otherwise, investors will be fully exposed to the basket’s decline from its initial level.

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

Issuer:	UBS AG, London Branch
Issue:	Trigger gears
Underlying indexes:	Stoxx Europe 600 index (67.5% weight), Nikkei 225 index (25% weight), S&P/ASX 200 index (7.5% weight)
Amount:	$3.5 million
Maturity:	June 5, 2026
Coupon:	0%
Price:	Par
Payout at maturity:	If the basket finishes flat or gains, par plus 2.27 times the return; if the basket declines no farther than downside threshold, par; otherwise, 1% loss for every 1% decline from initial level
Initial index levels:	438.72 for Stoxx, 27,457.89 for Nikkei, 7,233.975 for S&P/ASX
Downside threshold:	80% of initial level
Strike date:	June 1
Pricing date:	June 2
Settlement date:	June 7
Agents:	UBS Financial Services Inc. and UBS Investment Bank
Fees:	0.25%
Cusip:	90279FFV8

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