UBS AG is offering $385,000 of trigger callable contingent Yield notes tied to the least-performing Materials, Energy and Technology sector ETFs, with Maturity set for September 25, 2031. Investors face unsecured UBS AG Credit exposure, and the notes are not bank deposits or insured by the Federal Deposit Insurance Corporation.

Key Highlights

  • Each note carries a $1,000 public issue price, while UBS AG receives $997.50 per note after Underwriting compensation.
  • An unaffiliated dealer will periodically receive a $5.00 Marketing fee for the notes.
  • The notes are due September 25, 2031.

UBS AG is offering $385,000 of trigger callable contingent yield notes linked to whichever performs worst among three sector ETFs. The notes are due September 25, 2031, and represent unsubordinated, unsecured obligations of UBS AG.

The notes use the least-performing ETF to determine their linked performance. UBS AG lists a $1,000 public issue price for each note, with $2.50 per note, or $962.50 in total, shown as the underwriting compensation and $997.50 as proceeds to UBS AG per note. The offering carries a total public issue price of $385,000. The notes are not bank deposits and do not carry Federal Deposit Insurance Corporation or other governmental-agency insurance. The notes are Debt obligations and are not insured deposit products.

Initial Secondary-Market Prices May Exceed Internal Valuations

UBS AG says prices initially offered to buy the notes after issuance may exceed its internal model valuations because of underwriting discounts, hedging costs, issuance costs and projected trading profit. UBS Securities LLC is an affiliate of UBS AG and has a conflict of interest under FINRA Rule 5121.