New Issue: UBS prices $200,000 trigger autocallables linked to Petrobras

New York, Oct. 1 – UBS AG, London Branch priced $200,000 of 0% trigger autocallable optimization securities due Sept. 30, 2022 linked to the American depositary receipts of Petroleo Brasileiro SA, according to a 424B2 filing with the Securities and Exchange Commission.

The notes will be called at par plus a call return of 25.86% per year if Petrobras shares close at or above the initial share price on any observation date, which occurs every quarter.

If the notes are not called and Petrobras shares finish at or above the trigger price, 70% of the initial share price, the payout at maturity will be par. Otherwise, investors will be exposed to the share price decline from the initial price.

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

Issuer:	UBS AG, London Branch
Issue:	Trigger autocallable optimization securities
Underlying stock:	Petroleo Brasileiro SA (NYSE: PBR)
Amount:	$200,000
Maturity:	Sept. 30, 2022
Coupon:	0%
Price:	Par of $10.00
Payout at maturity:	Par if Petrobras shares finish at or above trigger price; otherwise, full exposure to share price decline
Call:	Automatically at par plus 25.86% per year if Petrobras shares close at or above initial share price on any observation date, which occurs every quarter
Initial share price:	$10.45
Trigger price:	$7.32, 70% of initial price
Pricing date:	Sept. 27
Settlement date:	Sept. 29
Underwriters:	UBS Financial Services Inc. and UBS Investment Bank
Fees:	1.25%
Cusip:	90301B870

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