Every 424B that ETRACS Alerian MLP Index ETN Series B due July 18, 2042 (AMUB) has filed with the SEC in the last 12 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 424B covers the supplement that carries the terms of a priced offering, so if you follow AMUB and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full AMUB filings page.
UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the Solactive U.S. Large Cap Volatility Navigator 40 Index, each with a $1,000 principal amount and a term of about five years, unless called earlier.
The Notes pay a contingent coupon at a rate of 18.25% per annum (about $15.2083 per month per $1,000) only when the index closes at or above the coupon barrier (70% of the initial level) on monthly observation dates. They are automatically called, after six months, if the index is at or above the call threshold (100% of the initial level), returning principal plus the coupon then due. If not called and the index finishes at or above the 50% downside threshold, investors receive full principal back; if it finishes below that level, repayment is reduced in line with the index loss and can fall to zero. Payments depend entirely on UBS’s creditworthiness, the Notes are not listed, their estimated initial value (about $929.10–$959.10) is below the $1,000 issue price, and investors face significant risks from index volatility, leverage and decrement features, limited liquidity, and uncertain tax treatment.
UBS AG is offering $549,000 of Trigger Autocallable Contingent Yield Notes, issued in $1,000 denominations, linked to the least performing of the S&P 500 Index and the Russell 2000 Index and maturing on February 14, 2028.
The Notes pay a 10.00% per annum contingent coupon, but only if on each monthly observation date both indices are at or above their coupon barriers, set at 75% of their initial levels. UBS may automatically call the Notes quarterly starting after six months if both indices are at or above their call thresholds, set at 100% of initial levels, returning principal plus the applicable coupon.
If the Notes are not called and, at maturity, either index finishes below its downside threshold of 70% of its initial level, investors suffer a loss matching the decline of the worst-performing index and could lose their entire investment. The estimated initial value is $980.20 per $1,000 Note, the Notes are unsecured obligations of UBS, and they will not be listed on an exchange.
UBS AG is offering $500,000 of Trigger Autocallable Contingent Yield Notes linked to the common stock of Palo Alto Networks, Inc., maturing on February 13, 2029. These are unsubordinated, unsecured debt obligations of UBS, not bank deposits and not FDIC insured.
The notes pay contingent coupons only if the stock closes at or above a set coupon barrier on each observation date. They may be called early if the stock closes at or above the initial level, in which case investors receive principal plus the applicable coupon and no further payments.
If the notes are not called and the final stock level is at or above the downside threshold, investors receive full principal at maturity; if it is below, repayment is reduced in line with the stock’s decline, and all principal can be lost. All payments depend on UBS’s credit, and the notes will not be listed on any exchange. The estimated initial value is $9.72 per $10 note.
UBS AG is offering $750,000 Trigger Autocallable Contingent Yield Notes, issued at $10 per Note, linked to the common stock of Oracle Corporation, and scheduled to mature on February 14, 2028.
Investors receive contingent coupons only when Oracle’s closing level on an observation date is at or above a coupon barrier set at 60.00% of the initial level, with a hypothetical contingent coupon rate of 22.63% per annum (or $0.5658 per Note per period). The Notes are automatically called if Oracle’s closing level on any quarterly observation date after six months is at or above the initial level, in which case UBS repays principal plus the due contingent coupon and the Notes terminate. If not called, and the final level on February 10, 2028 is at or above the downside threshold (also 60.00% of the initial level), principal is repaid; if it is below, repayment is reduced in line with Oracle’s percentage decline, and investors can lose all of their investment. Payments depend on UBS’s credit, the Notes are not listed, the minimum investment is 100 Notes ($1,000), and the estimated initial value is $9.82 per Note.
UBS AG is offering $138,000 of Trigger Autocallable Contingent Yield Notes linked to the common stock of The Mosaic Company, maturing on February 14, 2028. Each Note has a $10 principal amount and pays a contingent coupon only if Mosaic’s share price is at or above a set coupon barrier on scheduled observation dates.
The Notes may be automatically called early if the stock closes at or above the initial level on an observation date, in which case investors receive principal plus the applicable coupon and the Notes terminate. If the Notes are not called and the final stock level is at or above the downside threshold (70% of the initial level in the examples), principal is repaid; if it is below, repayment is reduced in line with the stock’s decline and can fall to zero. The indicative contingent coupon rate is 18.48% per year in the examples, but all payments depend on UBS’s creditworthiness, and the Notes are unsecured, not FDIC-insured, and will not be listed on an exchange.
UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Palo Alto Networks, Inc., maturing around February 13, 2029. These unsecured debt notes pay contingent coupons only if the stock closes at or above a preset coupon barrier on each observation date.
The notes can be automatically called early if the stock closes at or above the initial level on any observation date before maturity, in which case investors receive principal plus the applicable contingent coupon and no further payments. If the notes are not called and the final stock level is at or above a downside threshold, investors receive full principal back; if it is below that threshold, repayment is reduced in line with the stock’s decline and can fall to zero.
The minimum investment is 100 notes at $10 per note, and the estimated initial value on the trade date is expected between $9.36 and $9.61, reflecting UBS’s internal pricing and funding. The notes are not listed on any exchange, carry UBS credit risk, and may be significantly riskier and less liquid than conventional debt.
UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Oracle Corporation, maturing on or about February 14, 2028. These unsecured debt notes pay a contingent coupon only when Oracle’s closing level on an observation date is at or above a preset coupon barrier.
The notes are automatically called if Oracle’s level on a quarterly observation date (starting after 6 months) is at or above the initial level, in which case investors receive principal plus the applicable contingent coupon. If not called and Oracle’s final level is below a downside threshold, repayment of principal is reduced one-for-one with Oracle’s decline, with the potential for total loss.
The notes are subject to UBS credit risk, will not be listed on any exchange, require a minimum investment of 100 notes at $10 per note, and have an estimated initial value between $9.44 and $9.69 per $10 principal amount.
UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of The Mosaic Company, maturing on or about February 14, 2028. These are unsubordinated, unsecured debt obligations of UBS, not bank deposits and not FDIC insured.
Investors receive a contingent coupon only when Mosaic’s closing level on an observation date, including the final valuation date, is at or above a coupon barrier. The Notes are automatically called early if Mosaic’s share price on any observation date before maturity is at or above the initial level; in that case, UBS repays the $10 principal per Note plus any due coupon and makes no further payments.
If the Notes are not called and the final level is at or above a downside threshold, UBS repays principal at maturity, with a final contingent coupon if the barrier is met. If the final level is below the downside threshold, repayment is reduced in line with Mosaic’s percentage decline, and investors can lose all of their investment. An example term uses a 17.25% per annum contingent coupon and a 70% downside threshold and coupon barrier. The minimum investment is 100 Notes at $10 each, and the estimated initial value is expected between $9.39 and $9.64 per $10 Note. All payments depend on UBS’s creditworthiness, and the Notes will not be listed on an exchange.
UBS AG is offering $250,000 Trigger Autocallable Contingent Yield Notes linked to the common stock of Palantir Technologies Inc., maturing on February 16, 2027. These unsecured debt notes pay contingent coupons only when Palantir’s share price on each observation date is at or above a specified coupon barrier.
The notes can be automatically called early if Palantir’s stock closes at or above the initial level on any observation date before the final valuation date, in which case holders receive principal plus the applicable contingent coupon, and no further payments. If not called and Palantir’s final level is at or above the downside threshold, investors receive full principal at maturity, potentially plus a final contingent coupon. If the final level is below the downside threshold, repayment is reduced based on the share price decline, and investors can lose all of their principal. Payments depend on UBS’s creditworthiness, the notes will not be listed on an exchange, the minimum investment is 100 notes at $10 each, and the estimated initial value per note is $9.74.
UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Palantir Technologies Inc., maturing on or about February 16, 2027. The Notes pay a contingent coupon on each observation date only if the underlying stock closes at or above a preset coupon barrier.
The Notes are automatically called early if the Palantir stock level on any observation date before the final valuation date is at or above the initial level, in which case investors receive the principal plus any due coupon and no further payments. If not called and the final level is at or above the downside threshold, investors receive full principal at maturity; if it is below, repayment is reduced in line with the stock’s decline and can fall to zero.
The Notes are unsecured, unsubordinated obligations of UBS AG, subject to UBS credit risk, are not bank deposits or FDIC insured, will not be listed on any exchange, have a minimum investment of 100 Notes at $10 each, and an estimated initial value between $9.39 and $9.64 per Note.
UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Humana Inc., maturing on or about February 14, 2028. These unsecured debt notes pay a contingent coupon only when Humana’s closing level on an observation date is at or above a preset coupon barrier.
The notes are automatically called early if Humana’s share price on any observation date before maturity is at or above the initial level, returning principal plus the applicable contingent coupon, with no further payments. If not called and the final level is at or above a downside threshold, investors receive only principal back at maturity.
If the notes are not called and Humana’s final share level is below the downside threshold, the repayment is reduced one-for-one with the stock’s decline, and investors can lose all of their initial investment. The notes are issued in $10 denominations with a minimum investment of 100 notes, and the estimated initial value is between $9.29 and $9.54 per note, all subject to UBS’s credit risk.
UBS AG is offering unsecured Trigger Autocallable Contingent Yield Notes linked to the common stock of Target Corporation, maturing on February 14, 2028. These notes pay a contingent coupon only when Target’s closing level on an observation date is at or above a preset coupon barrier; otherwise, no coupon is paid for that period.
The notes are automatically called early if Target’s closing level on any observation date before maturity is at or above the initial level, in which case investors receive the principal amount plus any due contingent coupon and no further payments. If the notes are not called and Target’s final level is at or above a downside threshold, investors receive only the $10 principal per note at maturity; if the final level is below that threshold, repayment is reduced in line with Target’s decline and can fall to zero. The notes are subject to UBS’s credit risk, are not insured, will not be listed on an exchange, have a minimum investment of 100 notes at $10 each, and have an estimated initial value of $9.70 per note.
UBS AG is offering preliminary Trigger Autocallable Contingent Yield Notes, unsecured debt obligations linked to the common stock of Target Corporation, maturing on or about February 14, 2028. These notes pay contingent coupons only if Target’s share price on an observation date is at or above a coupon barrier.
The notes can be automatically called before maturity if Target’s stock closes at or above the initial level on any observation date, in which case investors receive principal plus any due coupon and the notes terminate. If the notes are not called and Target’s final share level is at or above a downside threshold, investors receive principal back, potentially with a final coupon.
If the notes are not called and Target’s final share level is below the downside threshold, repayment is reduced in line with the stock’s percentage decline, and investors could lose their entire investment. All payments depend on UBS’s credit and the notes will not be listed on an exchange. The estimated initial value is expected to be between $9.40 and $9.65 per $10 note.
UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Humana Inc., maturing on February 14, 2028. These are unsecured, unsubordinated debt obligations of UBS with both market risk tied to Humana shares and UBS credit risk.
The Notes pay a contingent coupon only if Humana’s closing stock price on an observation date is at or above a preset coupon barrier. UBS will automatically call the Notes before maturity if Humana’s stock closes at or above the initial level on any observation date, repaying principal plus the applicable coupon and ending further payments.
If the Notes are not called and Humana’s final stock level on the February 10, 2028 final valuation date is at or above the downside threshold, investors receive full principal back, plus any contingent coupon for that date. If the final level is below the downside threshold, repayment is reduced in line with Humana’s percentage decline, and investors can lose a significant portion or all of their investment.
The Notes are not listed on any exchange, have an estimated initial value of $9.59 per $10 Note on the trade date of February 11, 2026, and are offered in minimum denominations of 100 Notes at $10 each. All payments depend on UBS’s ability to meet its obligations.
UBS AG is offering $138,000 of Trigger Autocallable Contingent Yield Notes linked to Vistra Corp. common stock, maturing February 14, 2028. These unsecured debt notes pay a high contingent coupon only when Vistra’s share price is at or above a preset coupon barrier on each observation date.
The notes can be automatically called early if Vistra’s stock closes at or above the initial level on any observation date, in which case investors receive principal plus the due coupon and no further payments. If not called and Vistra’s final level stays at or above a downside threshold, investors receive full principal at maturity, plus any due final coupon.
If the notes are not called and Vistra’s final level falls below the downside threshold, repayment is reduced in line with the stock’s decline, and investors can lose all principal. All payments depend on UBS’s credit, and the notes will not be listed on any exchange.
UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Newmont Corporation, maturing on or about February 14, 2028. These are unsecured, unsubordinated debt obligations of UBS, not bank deposits and not FDIC insured.
The notes can pay high contingent coupons, but only if Newmont’s share price on each observation date is at or above a preset coupon barrier. UBS will automatically call the notes early if the stock closes at or above the initial level on any observation date before maturity, returning principal plus the applicable coupon and ending further payments.
If the notes are not called and Newmont’s final share price is at or above a downside threshold, investors receive back only the principal (plus any final coupon if the barrier is met). If the final price is below the downside threshold, repayment is reduced in line with the stock’s decline, and investors can lose most or all of their initial investment. Any payments depend on UBS’s creditworthiness; the estimated initial value is between $9.41 and $9.66 per $10 note, and the minimum investment is 100 notes.
UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Netflix, Inc., maturing on or about February 14, 2028. Each Note has a $10 principal amount, with a minimum investment of 100 Notes (a $1,000 investment).
The Notes pay a contingent coupon only when the Netflix share price on an observation date is at or above a coupon barrier, initially expected to be 70% of the initial level. UBS may automatically call the Notes early if the share price on any observation date before maturity is at or above the initial level, repaying principal plus the relevant coupon.
If the Notes are not called and the final Netflix level is at or above the downside threshold (also 70% of the initial level in the hypothetical examples), investors receive principal back, with a final coupon if the barrier is met. If the final level is below the downside threshold, repayment is reduced in line with the share price decline, and investors can lose some or all of their initial investment. All payments depend on the creditworthiness of UBS. The estimated initial value is expected to be between $9.44 and $9.69 per $10 Note.
UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Vistra Corp., maturing on or about February 14, 2028. These are unsubordinated, unsecured debt obligations that pay income only under specific stock performance conditions.
UBS will pay a contingent coupon only if Vistra’s share price on an observation date is at or above a preset coupon barrier; otherwise no coupon is paid. The notes can be automatically called early if the share price is at or above the initial level, returning principal plus any due coupon. If the notes are not called and Vistra’s final share price is at or above the downside threshold, investors receive principal back at maturity; if it is below, repayment falls in line with the stock’s decline and can reach a total loss. Payments depend on UBS’s credit, the notes will not be listed on an exchange, the minimum investment is 100 notes at $10 each, and the estimated initial value is expected between $9.41 and $9.66 per note.
UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of ServiceNow, Inc., maturing on February 14, 2028. Each Note has a principal amount of $10, with a minimum investment of 100 Notes (or $1,000).
The Notes pay a 20.58% per annum contingent coupon (about $0.5145 per observation period) only if ServiceNow’s stock closes at or above the coupon barrier of $70.00 (70% of the initial level) on an observation date. UBS will automatically call the Notes, starting after six months, if the stock closes at or above the initial level, returning principal plus the applicable coupon.
If the Notes are not called and the final stock level on February 10, 2028 is at or above the downside threshold of $70.00, investors receive back principal (and a final coupon if the barrier is met). If the final level is below the downside threshold, repayment is reduced to $10 × (1 + underlying return), exposing investors to full downside, up to a total loss.
The Notes are unsecured, unsubordinated debt of UBS; all payments depend on UBS’s creditworthiness. The estimated initial value is $9.73 per $10 Note, and the Notes will not be listed on any exchange.
UBS AG is offering $138,000 of Trigger Autocallable Contingent Yield Notes linked to Newmont Corporation common stock, maturing on February 14, 2028. These unsecured debt notes pay a contingent coupon only when the stock closes at or above a preset coupon barrier on each observation date.
The notes can be automatically called early if Newmont’s share price is at or above the initial level on any observation date before maturity, in which case holders receive the $10 principal per Note plus the applicable coupon and no further payments. If not called and the final stock level is below a downside threshold, repayment is reduced in line with the stock’s decline and can fall to zero.
All payments depend on UBS’s creditworthiness, and the notes will not be listed on any exchange. The estimated initial value is $9.73 per $10 Note, and the minimum investment is 100 Notes, or $1,000. The product supplement and prospectus provide additional risk and structural details.
UBS AG is offering trigger autocallable contingent yield notes linked to the common stock of Netflix, Inc., maturing on February 14, 2028. These unsecured debt notes pay a contingent coupon only when Netflix’s closing level on an observation date is at or above a specified coupon barrier.
The notes can be called early if Netflix’s price on any observation date before final valuation is at or above the initial level, in which case investors receive principal plus the contingent coupon and no further payments. If not called, and Netflix’s final level is at or above a downside threshold at maturity, investors receive full principal back, potentially plus a final contingent coupon.
If the notes are not called and Netflix’s final level is below the downside threshold, repayment is reduced in line with the stock’s percentage decline, and investors can lose some or all of their investment. Payments depend on UBS’s credit; the notes are not listed, have an initial estimated value of $9.74 per $10 note, and the minimum investment is 100 notes.
UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of NVIDIA Corporation, maturing on or about February 14, 2028. Each Note has a $10 principal amount, with a minimum investment of 100 Notes ($1,000).
The Notes pay contingent coupons only when NVIDIA’s stock closes at or above a coupon barrier on scheduled observation dates and may be automatically called early if the stock is at or above the initial level. If not called, principal is repaid at maturity only if the final stock level is at or above a downside threshold; otherwise, repayment is reduced in line with the stock’s decline and can fall to zero. All payments depend on the creditworthiness of UBS, and the Notes will not be listed on an exchange. The estimated initial value is expected between $9.54 and $9.79 per $10 Note.
UBS AG is offering $2,232,500 Trigger Autocallable Contingent Yield Notes linked to the common stock of NVIDIA Corporation, maturing on February 14, 2028. These unsecured debt securities pay a contingent coupon only when NVIDIA’s closing share price on an observation date is at or above a preset coupon barrier.
The notes can be automatically called before maturity if NVIDIA’s share price on any observation date (other than the final one) is at or above the initial level. In that case, investors receive the $10 principal per note plus any due contingent coupon, and the investment ends early.
If the notes are not called and NVIDIA’s final share price is at or above a specified downside threshold, investors get back the full $10 principal per note at maturity, with any final contingent coupon if the coupon barrier is also met. If the final price is below the downside threshold, repayment is reduced in line with NVIDIA’s percentage decline from the initial level, and investors can lose their entire investment. All payments depend on UBS’s credit, and the notes are not FDIC insured and will not be listed on an exchange. The minimum investment is 100 notes at $10 each, and the estimated initial value per note on the trade date is $9.82.
UBS AG is offering $138,000 of Trigger Autocallable Contingent Yield Notes linked to Snowflake Inc. common stock, maturing February 14, 2028. These unsecured notes pay contingent coupons only when Snowflake’s closing level on an observation date is at or above a preset coupon barrier.
If on any observation date before maturity Snowflake’s level is at or above the initial level, the notes are automatically called and investors receive $10 per note plus any due coupon, with no further payments. If not called, full principal is repaid at maturity only if the final level is at or above a downside threshold.
If the final level is below that threshold, repayment is reduced in line with Snowflake’s decline and investors can lose all of their investment. Payments depend on UBS’s creditworthiness, the notes are not listed on any exchange, the minimum investment is 100 notes at $10 each, and the estimated initial value is $9.75 per note.
UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of DexCom, Inc. These unsecured debt notes pay contingent coupons only when DexCom’s share price on an observation date is at or above a preset coupon barrier; otherwise no coupon is paid for that period.
The notes can be called early if DexCom’s stock closes at or above the initial level on any observation date before maturity, in which case investors receive principal plus the applicable contingent coupon and no further payments. If not called and the final share price is at or above the downside threshold, principal is repaid; if it is below, repayment is reduced in line with DexCom’s percentage decline and investors can lose their entire investment.
The notes are subject to UBS credit risk, will not be listed on any exchange, require a minimum investment of 100 notes at $10 each, and have an estimated initial value between $9.44 and $9.69 per $10 note.
UBS AG is offering $1,200,000 Trigger Autocallable Contingent Yield Notes linked to the common stock of Spotify Technology S.A., maturing on February 13, 2029. The Notes pay contingent coupons only when Spotify’s share price is at or above a set coupon barrier on observation dates.
The Notes are automatically called early if Spotify’s share price is at or above the initial level on any observation date before maturity, returning principal plus any due coupon, with no further payments. If not called and the final share price is at or above the downside threshold, investors receive principal back at maturity.
If the Notes are not called and the final share price is below the downside threshold, repayment is reduced one-for-one with Spotify’s decline from the initial level, and the entire principal can be lost. The securities are unsecured, unsubordinated obligations of UBS, not listed on any exchange, offered in minimums of 100 Notes at $10 each, with an estimated initial value of $9.75 per Note.
UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Snowflake Inc., maturing on or about February 14, 2028. These unsecured debt securities pay a contingent coupon only when Snowflake’s closing level on an observation date is at or above a preset coupon barrier.
The Notes can be automatically called before maturity if Snowflake’s closing level on any observation date (other than the final valuation date) is at or above the initial level, in which case investors receive principal plus the applicable contingent coupon and no further payments. If the Notes are not called and Snowflake’s final level is at or above a downside threshold, investors receive their principal at maturity; if it is below that threshold, repayment is reduced in line with the stock’s decline, and the entire investment can be lost.
The Notes are subject to the credit risk of UBS, will not be listed on any exchange, and are offered in minimum denominations of 100 Notes at $10 per Note. The estimated initial value per Note on the trade date is expected to be between $9.42 and $9.67, based on UBS’ internal pricing models.
UBS AG is offering unsecured Trigger Autocallable Contingent Yield Notes linked to the common stock of Spotify Technology S.A., maturing on or about February 13, 2029, under a preliminary pricing supplement to an effective shelf registration.
The Notes pay contingent coupons only if Spotify’s closing share price on each observation date is at or above a specified coupon barrier; otherwise no coupon is paid for that period. The Notes are subject to automatic call before maturity if Spotify’s share price on an observation date is at or above the initial level, in which case investors receive principal plus any due coupon and the Notes terminate early.
If the Notes are not called and Spotify’s final share price is at or above a downside threshold, investors receive only principal back at maturity. If the final share price is below the downside threshold, repayment is reduced in line with the stock’s decline and investors can lose some or all of their initial investment. All payments depend on the creditworthiness of UBS, the Notes will not be listed on an exchange, and the minimum investment is 100 Notes at $10 per Note.
UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of ServiceNow, Inc., maturing on or about February 14, 2028. These unsecured notes pay a contingent coupon only when the stock closes at or above a coupon barrier on quarterly observation dates.
The notes are automatically called early if the stock is at or above its initial level on any observation date after six months, in which case investors receive the $10 principal per note plus the applicable coupon and no further payments. If not called and the stock is at or above a downside threshold at maturity, principal is repaid; if it is below that threshold, repayment is reduced in line with the stock’s decline and can fall to zero.
The notes are subject to UBS’s credit risk, are not insured, and may result in losing a significant portion or all of the initial investment. The minimum investment is 100 notes at $10 each, and the estimated initial value per note is expected between $9.37 and $9.62.
UBS AG is offering $138,000 of Trigger Autocallable Contingent Yield Notes linked to the common stock of DexCom, Inc., maturing on February 14, 2028. These are unsecured, unsubordinated debt obligations of UBS, not bank deposits and not FDIC insured.
The notes pay a contingent coupon only if DexCom’s share price on an observation date is at or above a specified coupon barrier; otherwise no coupon is paid for that period. The notes are automatically called early if DexCom’s stock is at or above the initial level on any observation date before maturity, returning principal plus the due coupon and ending the investment. If not called, principal is repaid at maturity only if DexCom’s final level is at or above a downside threshold; below that level, repayment is reduced in line with DexCom’s decline and can fall to zero. All payments depend on UBS’s creditworthiness, and the notes will not be listed on an exchange.
UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the American depositary receipts of Baidu, Inc., maturing on February 14, 2028. These are unsecured senior debt of UBS, not bank deposits and not FDIC insured.
Investors receive contingent coupons only if Baidu’s ADR closing level on each observation date is at or above a preset coupon barrier. The notes may be automatically called before maturity if the ADR closes at or above its initial level, in which case investors receive principal plus the applicable coupon and no further payments.
If the notes are not called and the final Baidu ADR level is at or above the downside threshold, investors receive full principal at maturity. If the final level is below the downside threshold, repayment is reduced in line with the ADR’s decline and all principal can be lost. Any payment depends on UBS’s credit; a default could result in total loss. Each note has a $10 principal amount, minimum investment is 100 notes, and the estimated initial value is $9.68 per note.
UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the American depositary receipts of Baidu, Inc., maturing on or about February 14, 2028. Each Note has a principal amount of $10 and is an unsecured, unsubordinated debt obligation of UBS.
Investors receive contingent coupons only if Baidu’s ADR closes at or above a specified coupon barrier on each observation date. The Notes can be automatically called early if the ADR closes at or above the initial level, returning principal plus any due coupon.
If not called and the final level is below the downside threshold, repayment at maturity is reduced in line with Baidu’s decline, and investors can lose some or all of their investment. Payments depend entirely on UBS’s creditworthiness. The estimated initial value is between $9.38 and $9.63 per $10 Note, reflecting UBS’s internal pricing and funding.
UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Advanced Micro Devices, Inc., with a scheduled maturity on February 14, 2028. These unsecured debt securities pay a contingent coupon only when AMD’s closing share price on an observation date is at or above a preset coupon barrier.
The notes can be automatically called early if AMD’s price on any observation date before maturity is at or above the initial level, in which case holders receive the $10 principal per Note plus the applicable contingent coupon and no further payments. If the notes are not called and AMD’s final level is at or above the downside threshold, principal is repaid at maturity, potentially with a final contingent coupon.
If the notes are not called and AMD’s final level is below the downside threshold, repayment is reduced in line with AMD’s percentage decline, and investors can lose all of their initial investment. Payments depend entirely on UBS’s credit; default by UBS could result in a total loss. The notes are not listed, require a minimum purchase of 100 Notes at $10 each, and have an estimated initial value of $9.77 per Note.
UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Advanced Micro Devices, Inc., maturing on or about February 14, 2028. These unsecured debt obligations pay a contingent coupon only when the AMD share price on an observation date is at or above a coupon barrier.
The notes are automatically called early if AMD’s closing level on any observation date before maturity is at or above the initial level, in which case investors receive principal plus the applicable contingent coupon and no further payments. If the notes are not called and AMD’s final level is at or above a downside threshold, investors receive full principal at maturity.
If the notes are not called and AMD’s final level is below the downside threshold, repayment is reduced in line with AMD’s decline and investors can lose all principal. Payments depend on UBS’s credit. The notes are sold in minimums of 100 notes at $10 each, with an estimated initial value between $9.44 and $9.69 per note.
UBS AG is offering $100,000 of Trigger Autocallable Contingent Yield Notes linked to the common stock of Freeport-McMoRan Inc. The Notes pay a contingent coupon only when the stock closes at or above a preset coupon barrier on observation dates.
The Notes can be called early if the stock closes at or above the initial level on any observation date before maturity in February 2028. In that case, investors receive principal plus the applicable contingent coupon, and the Notes terminate.
If not called, and the final stock level is at or above the downside threshold, investors receive full principal at maturity (plus any final contingent coupon if the coupon barrier is met). If the final level is below the downside threshold, repayment is reduced in line with the stock’s decline, and investors can lose all principal.
The example terms show a $10 denomination, a 17.62% per annum contingent coupon (about $0.4405 per period), and both downside threshold and coupon barrier set at 70% of the initial level. The estimated initial value is $9.71 per $10 Note, and all payments depend on UBS’s creditworthiness.
UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Freeport-McMoRan Inc., maturing on or about February 14, 2028. These are unsubordinated, unsecured debt obligations of UBS.
Investors receive a contingent coupon only if the stock closes at or above a coupon barrier on each observation date. The notes are automatically called early if the stock closes at or above the initial level, paying principal plus any due coupon, with no further payments.
If not called and the final stock level is at or above a downside threshold, investors receive only principal back; if it is below that threshold, repayment is reduced in line with the stock’s decline and losses can reach 100% of principal. All payments depend on UBS’s credit. The notes will not be listed, require a minimum investment of 100 notes at $10 each, and have an estimated initial value between $9.41 and $9.66 per note.
UBS AG is offering $138,000 of Trigger Autocallable Contingent Yield Notes linked to the common stock of Fluor Corporation, maturing on February 14, 2028. These are unsecured, unsubordinated debt obligations of UBS.
The notes pay a contingent coupon only if Fluor’s share price on each observation date is at or above a preset coupon barrier; otherwise no coupon is paid for that period. The notes may be called early if Fluor’s share price on any observation date before maturity is at or above the initial level, in which case investors receive principal plus any due coupon and the product terminates.
If the notes are not called and Fluor’s final share price is at or above a downside threshold, investors receive principal back at maturity. If the final price is below the downside threshold, repayment is reduced in line with Fluor’s decline and investors can lose some or all of their investment. Payments depend on UBS’s credit, the notes will not be listed, the minimum investment is 100 notes at $10 each, and the estimated initial value is $9.75 per note.
UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Fluor Corporation, maturing on or about February 14, 2028. These unsecured, unsubordinated notes pay contingent coupons only when Fluor’s closing share price on an observation date is at or above a preset coupon barrier.
The notes can be automatically called early if Fluor’s stock closes at or above the initial level on any observation date before maturity, in which case holders receive principal plus any due coupon and the product terminates. If the notes are not called and the final share price is at or above a downside threshold, principal is repaid at maturity.
If the notes are not called and the final share price is below the downside threshold, repayment is reduced in line with Fluor’s percentage decline from the initial level, and a total loss of principal is possible. All payments depend on UBS’s credit; a default by UBS could result in losing the entire investment. The notes are designed for investors who understand equity-linked downside risk, credit risk, and the possibility of receiving no coupons.
UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Dollar General Corporation, maturing on February 14, 2028. The Notes pay a contingent coupon only when the stock closes at or above a specified coupon barrier on an observation date.
The Notes can be automatically called early if the stock closes at or above the initial level on any observation date before maturity, in which case investors receive the principal plus the applicable coupon and no further payments. If the Notes are not called and the final stock level is below the downside threshold, investors suffer the same percentage loss as the stock and can lose their entire investment.
The product example uses a 12.57% per annum contingent coupon rate and a downside threshold and coupon barrier set at 70% of the initial level. The estimated initial value is $9.71 per $10 Note, and the minimum investment is 100 Notes, or $1,000, with all payments subject to the creditworthiness of UBS.
UBS AG is offering unsecured Trigger Autocallable Contingent Yield Notes linked to the common stock of Dollar General Corporation, maturing on or about February 14, 2028. These notes pay a coupon only if the stock closes at or above a preset coupon barrier on each observation date.
The notes are automatically called early if the stock closes at or above its initial level on any observation date before maturity, returning principal plus the applicable coupon, with no further payments. If not called and the final stock level is at or above a downside threshold, investors receive principal back; otherwise they take a loss matching the stock’s decline and can lose their entire investment.
The notes are not listed on any exchange, are subject to UBS credit risk, and have a minimum investment of 100 notes at $10 each. The estimated initial value per $10 note on the trade date is expected to be between $9.41 and $9.66.
UBS AG is offering $100,000 of Trigger Autocallable Contingent Yield Notes linked to NVIDIA common stock, unsecured debt maturing on February 13, 2029. The Notes can pay a contingent coupon at a 13.86% per annum rate (or $0.3465 per $10 Note per period) only when NVIDIA’s closing level is at or above a coupon barrier set at 65.00% of the initial level.
The Notes may be automatically called before maturity if NVIDIA’s level on an observation date is at or above the initial level, in which case investors receive $10 per Note plus any due coupon and no further payments. If not called and NVIDIA’s final level on February 9, 2029 is at or above the downside threshold (also 65.00% of the initial level), investors receive the $10 principal at maturity, plus any final coupon.
If the Notes are not called and NVIDIA’s final level is below the downside threshold, the maturity payment per Note is $10 × (1 + underlying return), fully exposing principal to the stock’s decline and potentially resulting in a total loss. Payments depend on UBS’s creditworthiness; the estimated initial value is $9.66 per $10 Note. The minimum investment is 100 Notes at $10 each.
UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of NVIDIA Corporation, maturing on or about February 13, 2029. These are unsubordinated, unsecured debt obligations of UBS, so all payments depend on UBS’s credit.
The Notes pay a contingent coupon only if NVIDIA’s closing level on an observation date is at or above a coupon barrier, illustrated at 65% of the initial level with an example contingent coupon rate of 13.34% per annum. UBS will automatically call the Notes early if NVIDIA’s level on any observation date before maturity is at or above the initial level, returning principal plus the applicable coupon and ending the investment.
If the Notes are not called and NVIDIA’s final level is at or above the downside threshold (also illustrated at 65% of the initial level), investors receive only the $10 principal per Note plus any final coupon. If the final level is below the downside threshold, repayment is reduced in line with NVIDIA’s decline, and investors can lose all of their initial investment. The estimated initial value is shown between $9.35 and $9.60 per $10, reflecting UBS’s internal pricing and funding costs.
UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Generac Holdings Inc. and maturing on February 14, 2028. These unsecured debt notes pay contingent coupons only when Generac’s share price on an observation date is at or above a specified coupon barrier.
The notes may be called early if Generac’s share price on any observation date before maturity is at or above the initial level, in which case investors receive principal plus any due coupon and the notes terminate. If not called and Generac’s final share level is at or above a downside threshold, investors receive principal back at maturity.
If the notes are not called and Generac’s final share level falls below the downside threshold, repayment is reduced in line with the stock’s decline and investors can lose some or all of their principal. All payments, including any contingent coupons and principal, depend on UBS’s creditworthiness, and the notes are not insured or exchange-listed. The estimated initial value per $10 note is $9.56.
UBS AG is offering $400,000 of Trigger Autocallable Contingent Yield Notes linked to the common stock of Ovintiv Inc. The Notes pay a contingent coupon only when Ovintiv’s share price on an observation date is at or above a coupon barrier set at 60% of the initial level, with a hypothetical rate of 10.58% per annum.
The Notes may be automatically called before maturity if Ovintiv’s stock closes at or above the initial level on an observation date, returning the $10 principal per Note plus any due coupon, with no further payments. If not called, and the final stock level is at or above a downside threshold equal to 60% of the initial level, investors receive principal back at maturity.
If the Notes are not called and Ovintiv’s final stock level is below the downside threshold, investors are fully exposed to the stock’s decline and will receive less than principal, potentially losing their entire investment. Payments depend on UBS’s credit; the Notes are unsecured, not FDIC insured, not exchange-listed, have an estimated initial value of $9.72 per $10 Note, and require a minimum $1,000 purchase.
UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Generac Holdings Inc., maturing on or about February 14, 2028. Each Note has a $10 principal amount, with a minimum investment of 100 Notes (a $1,000 investment).
The Notes pay a contingent coupon only if Generac’s closing share price on an observation date is at or above a preset coupon barrier; otherwise no coupon is paid for that period. The Notes are automatically called if, on any observation date before maturity, the share price is at or above the initial level, in which case investors receive principal plus any due coupon and the Notes terminate early.
If the Notes are not called and Generac’s final share price is at or above a downside threshold, investors receive back principal at maturity; if it is below that threshold, repayment is reduced in line with the stock’s decline and can fall to zero. The Notes are unsecured, unsubordinated debt of UBS, not listed on any exchange, and all payments depend on UBS’s credit. The estimated initial value per Note is expected to be between $9.26 and $9.51, reflecting internal pricing and funding considerations.
UBS AG is offering unsecured Trigger Autocallable Contingent Yield Notes linked to the common stock of Ovintiv Inc., maturing on or about February 13, 2029. These notes pay contingent coupons only when the Ovintiv share price on scheduled observation dates is at or above a preset coupon barrier.
The notes can be automatically called before maturity if Ovintiv’s share price on any observation date (other than the final one) is at or above the initial level, in which case investors receive principal plus the applicable contingent coupon and the product terminates. If not called and the final share price is at or above the downside threshold, principal is repaid at maturity.
If the notes are not called and the final share price is below the downside threshold, repayment is reduced in line with the stock’s negative return, and investors can lose some or all of their initial investment. All payments depend on the creditworthiness of UBS, and the notes will not be listed on any securities exchange.
UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Uber Technologies, Inc., maturing on February 14, 2028. These unsecured debt notes pay coupons only if Uber’s share price is at or above a set coupon barrier on observation dates.
The notes can be automatically called before maturity if Uber’s share price is at or above the initial level on an observation date, in which case investors receive the $10 principal per Note plus any due coupon and no further payments. If not called and the final share price is at or above the downside threshold, principal is repaid; if it is below, investors incur losses matching Uber’s percentage decline and can lose their entire investment. The estimated initial value per Note is $9.74, and all payments depend on UBS’s creditworthiness.
UBS AG is offering unsecured Trigger Autocallable Contingent Yield Notes linked to the common stock of Uber Technologies, Inc., maturing on or about February 14, 2028. These structured notes pay coupons only if Uber’s share price on scheduled observation dates stays at or above a preset coupon barrier.
The notes are automatically called early if Uber’s stock closes at or above its initial level on any observation date before maturity, in which case investors receive principal plus the applicable contingent coupon and no further payments. If the notes are not called and Uber’s final share level is below a downside threshold, repayment at maturity is reduced in line with the stock’s decline, and investors can lose their entire investment.
Each note has a $10 principal amount, with a minimum investment of 100 notes ($1,000). The estimated initial value per note on the trade date is expected between $9.44 and $9.69, based on UBS internal pricing models. All payments depend on UBS’s credit; the notes are not bank deposits, not insured, and will not be listed on any exchange.
UBS AG is offering $138,000 of Trigger Autocallable Contingent Yield Notes linked to the common stock of Applied Materials, Inc. Each $10 note can pay a contingent coupon of 22.95% per annum if the stock closes at or above a 70% barrier on observation dates.
The notes may be called early if the stock is at or above its initial level on any observation date, returning principal plus the applicable coupon and ending further payments. If not called, investors receive full principal at maturity only if the final stock level is at or above the 70% downside threshold; below that, principal is reduced in line with the stock’s decline, and all capital can be lost.
All payments depend on UBS’s creditworthiness, the notes are unsecured and unsubordinated, not FDIC insured, and will not be listed on an exchange. The estimated initial value is $9.76 per $10 note, with trade, settlement and maturity dates in February 2026–2028.
UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Applied Materials, Inc., maturing on or about February 14, 2028. These unsecured, unsubordinated notes pay contingent coupons only when the stock closes at or above a preset coupon barrier on observation dates.
The notes are automatically called early if the stock closes at or above its initial level on any observation date before maturity, returning principal plus any due coupon, with no further payments. If not called and the final stock level is at or above a downside threshold, investors receive principal back at maturity; if it is below that threshold, repayment is reduced in line with the stock’s decline and can fall to zero. Payments depend entirely on UBS’s credit. The notes are offered in minimum investments of 100 notes at $10 per note, with an estimated initial value between $9.44 and $9.69 per note.