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Published on 4/29/2024 in the Prospect News Structured Products Daily.

New Issue: UBS prices $537,267 11.88% trigger yield optimization notes linked to Meta Platforms

New York, April 29 – UBS AG, London Branch priced $537,267.48 of 11.88% trigger yield optimization notes due May 1, 2025 linked to the common stock of Meta Platforms, Inc., according to a 424B2 filing with the Securities and Exchange Commission.

The face amount of each note is $443.29, which is equal to the initial share price of Meta Platforms stock.

Interest is payable monthly.

The payout at maturity will be par unless the final price of Meta Platforms stock is less than 75% of the initial share price, in which case investors will receive the value of one Meta Platforms share in cash per note.

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

Issuer:UBS AG, London Branch
Issue:Trigger yield optimization notes
Underlying stock:Meta Platforms, Inc.
Amount:$537,267.48
Maturity:May 1, 2025
Coupon:11.88%, payable monthly
Price:Par of $443.29
Payout at maturity:If final share price is less than trigger price, value of one Meta Platforms share in cash; otherwise, par
Initial share price:$443.29
Trigger price:$332.47, 75% of initial price
Pricing date:April 26
Settlement date:April 30
Underwriters:UBS Financial Services Inc. and UBS Investment Bank
Fees:1%
Cusip:90307G576

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