New Issue: UBS prices $390,000 buffered return optimization notes on SPDR

By Kiku Steinfeld

Chicago, Feb. 12 – UBS AG, London Branch priced $390,000 of 0% buffered return optimization securities due July 1, 2024 linked to the SPDR Euro Stoxx 50 ETF, according to a 424B2 filing with the Securities and Exchange Commission.

If the ETF finishes at or above its initial price, the payout at maturity will be par plus two times any gain, capped at par plus 11.42%.

If the ETF declines by up to 10%, the payout will be par. Investors will be exposed to any losses beyond 10%.

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

Issuer:	UBS AG, London Branch
Issue:	Buffered return optimization securities
Underlying fund:	SPDR Euro Stoxx 50 ETF
Amount:	$390,000
Maturity:	July 1, 2024
Coupon:	0%
Price:	Par of $10
Payout at maturity:	Par plus two times return of SPDR Euro, capped at 11.42%; par if ETF declines by up to 10%; exposure to losses beyond 10%
Initial share price:	$44.55
Pricing date:	June 26, 2023
Settlement date:	June 28, 2023
Agents:	UBS Financial Services Inc. and UBS Investment Bank
Fees:	1.3%
Cusip:	90286Q843

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