UBS AG’s trigger autocallable contingent Yield notes carry a $1,000.00 public issue price, with $985.00 per note designated as proceeds to UBS AG. Investors face exposure to the least-performing Russell 2000 Index or S&P 500 Index, while the notes are not bank deposits or FDIC-insured securities.

Key Highlights

  • UBS AG’s preliminary notes are linked to whichever performs worse between the Russell 2000 Index and S&P 500 Index.
  • UBS Securities LLC is due a $15.00 Underwriting discount on each note sold.
  • The notes are scheduled to mature on or about October 19, 2029.

$1,000 Notes Carry $985 UBS Proceeds

The public price is $1,000 per note, while UBS AG is slated to receive $985.00 after the underwriting discount. UBS Securities LLC will receive $15.00 for every note sold and intends to pass that amount to one or more unaffiliated dealers. UBS AG may also pay certain third-party dealers a $4.50 structuring fee per note. The notes are not bank deposits and do not carry insurance from the Federal Deposit Insurance Corporation or another government agency.

Index Linkage and

Secondary-Market Terms Payment features depend on the weaker-performing index in the Russell 2000 and S&P 500 pairing. UBS Securities LLC has agreed to purchase all of the notes from UBS AG and resell them through unaffiliated third-party dealers. UBS Securities LLC and related entities intend, but are not obligated, to support a Secondary Market and may discontinue that activity at any time. The offering involves a conflict of interest under FINRA Rule 5121 because UBS Securities LLC is an affiliate of UBS AG and UBS AG receives the net proceeds.