UBS AG is offering $1,570,000 ($1.57 million) of trigger autocallable notes linked to the least performing of three indexes, with Maturity on September 25, 2031. Investors face unsecured UBS Credit exposure, no deposit insurance, index-linked automatic calls and the possibility of limited secondary-market liquidity.

Key Highlights

  • The final valuation date is included among the observation dates used to test for an automatic call.
  • The public issue price is $1,000 per note.
  • Notes mature on September 25, 2031.
  • Public issue price is $1,000 per note, with total proceeds to UBS AG of $1,513,087.50.

The unsubordinated, unsecured notes mature on September 25, 2031, and may be called automatically when each underlying index meets its call threshold on an observation date.

$1,000 Note Pricing And Offering Economics

The public issue price is $1,000 per note, with total proceeds to UBS AG of $1,513,087.50. The aggregate public offering amount is $1,570,000, while Underwriting compensation totals $56,912.50. UBS will also periodically pay unaffiliated dealers a $5.00 structuring fee per note.

Unsecured Exposure And Secondary-Market Conditions

The initial public price may temporarily exceed UBS’s internal model valuation because it includes underwriting, hedging and issuance costs, along with theoretical projected trading profit.