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

New Issue: UBS prices $149,845 16.15% trigger yield optimization notes linked to Advanced Micro

New York, April 29 – UBS AG, London Branch priced $149,844.80 of 16.15% annualized trigger yield optimization notes due Oct. 31, 2024 linked to the common stock of Advanced Micro Devices, Inc., according to a 424B2 filing with the Securities and Exchange Commission.

The face amount of each note is $157.40, which is equal to the initial share price of Advanced Micro stock.

Interest is payable monthly.

The payout at maturity will be par unless the final price of Advanced Micro stock is less than 75% of the initial share price, in which case investors will receive the value of one Advanced Micro 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:Advanced Micro Devices, Inc. (Nasdaq: AMD)
Amount:$149,844.80
Maturity:Oct. 31, 2024
Coupon:16.15%, payable monthly
Price:Par of $157.40
Payout at maturity:If final share price is less than trigger price, value of one Advanced Micro share in cash; otherwise, par
Initial share price:$157.40
Trigger price:$118.05, 75% of initial price
Pricing date:April 26
Settlement date:April 30
Underwriters:UBS Financial Services Inc. and UBS Investment Bank
Fees:1%
Cusip:90307G675

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