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Published on 9/11/2023 in the Prospect News Structured Products Daily.

New Issue: UBS prices $99,999 11.67% trigger yield optimization notes linked to V.F.

New York, Sept. 11 – UBS AG, London Branch priced $99,999.09 of 11.67% trigger yield optimization notes due Sept. 12, 2024 linked to the common stock of V.F. Corp., according to a 424B2 filing with the Securities and Exchange Commission.

The face amount of each note is $19.19, which is equal to the initial share price of V.F. stock.

Interest is payable monthly.

The payout at maturity will be par unless the final price of V.F. stock is less than 61% of the initial share price, in which case investors will receive one V.F. share 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:V.F. Corp. (NYSE: VFC)
Amount:$99,999.09
Maturity:Sept. 12, 2024
Coupon:11.67%, payable monthly
Price:Par of $19.19
Payout at maturity:If final share price is less than trigger price, one V.F. share; otherwise, par
Initial share price:$19.19
Trigger price:$11.71, 61% of initial price
Pricing date:Sept. 7
Settlement date:Sept. 11
Underwriters:UBS Financial Services Inc. and UBS Investment Bank
Fees:2%
Cusip:90302A301

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