New Issue: UBS prices $1.52 million 15.75% buffer yield notes linked to Tesla, Shopify, Trade Desk

By Wendy Van Sickle

Columbus, Ohio, May 10 – UBS AG, London Branch priced $1.52 million of 15.75% buffer yield notes due April 30, 2025 linked to the lesser performing of the stocks of Tesla, Inc., Shopify Inc. and Trade Desk, Inc., according to a 424B2 filing with the Securities and Exchange Commission.

Interest is paid monthly.

The payout at maturity will be par unless the worst performing stock falls by more than 20%, in which case investors will have exposure to the losses of the worst performer beyond 20%

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

Issuer:	UBS AG, London Branch
Issue:	Buffer yield notes
Underlying stocks:	Tesla, Inc., Shopify Inc., Trade Desk, Inc.
Amount:	$1.52 million
Maturity:	April 30, 2025
Coupon:	15.75% annual rate, paid monthly
Price:	Par
Payout at maturity:	Par unless worst performing stock falls by more than 20%, in which case lose 1% for every 1% decline of the worst performer below 20%
Initial level:	$160.67 for Tesla, $46.46 for Shopify, $59.37 for Trade Desk
Buffer levels:	$128.54 for Tesla, $37.17 for Shopify, $47.50 for Trade Desk; 80% of initial levels
Strike date:	April 25
Pricing date:	April 26
Settlement date:	May 1
Agents:	UBS Financial Services Inc. and UBS Investment Bank
Fees:	0.4%
Cusip:	90279GGD5

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