Chicago, April 12 – UBS AG, London Branch priced $2.07 million of trigger autocallable contingent yield notes due Jan. 23, 2026 linked to the American depositary receipts of Alibaba Group Holding Ltd., according to a 424B2 filing with the Securities and Exchange Commission.
The notes will pay a quarterly coupon at the rate of 12.78% per year if the stock closes at or above its coupon barrier, 65% of its initial level, on any related observation date.
The notes will be automatically called at par plus coupon if the shares of the stock close at or above initial share price on any quarterly call observation date.
If the notes are not called and the final share price is greater than or equal to the downside threshold level, 65% of the initial share price, the payout at maturity will be par plus the final coupon. Otherwise, investors will be fully exposed to the decline of the shares.
UBS Securities LLC and UBS Investment Bank are the agents.
| Issuer: | UBS AG, London Branch
|
| Issue: | Trigger autocallable contingent yield notes
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| Underlying stock: | Alibaba Group Holding Ltd.
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| Amount: | $2,073,000
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| Maturity: | Jan. 23, 2026
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| Coupon: | 12.78% per year, paid quarterly, if the stock closes at or above its coupon barrier on any related observation date
|
| Price: | Par
|
| Payout at maturity: | Par plus the final coupon unless the stock finishes below downside threshold level, in which case full exposure to stock loss
|
| Call: | Automatically at par plus coupon if the stock closes at or above initial level on any quarterly call observation date
|
| Initial level: | $69.42
|
| Coupon barrier level: | $45.12; 65% of initial level
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| Downside threshold: | $45.12; 65% of initial level
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| Pricing date: | April 19
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| Settlement date: | April 24
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| Agents: | UBS Securities LLC and UBS Investment Bank
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| Fees: | 2.5%
|
| Cusip: | 90279WG65
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