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 Callable Contingent Yield Notes linked to the worst-performing of the S&P 500, Russell 2000 and Nasdaq-100 Technology Sector indices. The notes pay a 12.00% per annum contingent coupon only when all three indices stay at or above 70% of their initial levels on monthly observation dates.
UBS can redeem the notes early, in whole, after three months, repaying principal plus any due coupon but ending future payments. If not called and any index finishes below its 70% downside threshold at maturity, repayment is reduced in line with that worst index’s loss, potentially to zero. The notes are unsecured, unsubordinated obligations of UBS, carry significant market, liquidity and credit risk, are not FDIC-insured and will not be listed on an exchange.
UBS AG is offering $1,625,000 of Trigger Callable Contingent Yield Notes linked to the least performing of the Dow Jones Industrial Average, Nasdaq-100 Technology Sector Index and Russell 2000 Index, maturing in August 2030. The notes pay an 11.15% per annum contingent coupon only when all three indices close at or above preset coupon barriers on monthly observation dates.
UBS can call the notes in whole after six months, repaying principal plus any due coupon, ending future payments. If the notes are not called and any index finishes below its downside threshold at maturity, investors lose principal in line with the worst index’s decline, up to a total loss. All payments depend on UBS’s credit, and the estimated initial value per $1,000 note is $963.20 versus a $1,000 issue price.
UBS AG is offering $2,935,000 of Trigger Callable Contingent Yield Notes, $1,000 each, linked to the least performing of the Russell 2000 Index, the S&P 500 Index and the Utilities Select Sector SPDR Fund, maturing February 4, 2031.
The notes pay a 9.70% per annum contingent coupon (about $8.0833 monthly per $1,000) only if all three underlyings stay at or above 70% of their initial levels on each monthly observation date. UBS can call the notes quarterly after six months, repaying principal plus any due coupon.
If the notes are not called and any underlying finishes below its 70% downside threshold at maturity, investors lose principal in line with the worst performer and could lose their entire investment. All payments depend on UBS’s credit and the notes will not be listed on an exchange.
UBS AG is offering $12,000,000 of Phoenix Autocallable Buffer Notes with Memory Interest linked to Freeport-McMoRan common stock. The Notes pay a fixed contingent interest of $40.50 per $1,000 Note on quarterly dates if FCX’s closing price is at or above the $45.59 interest barrier.
The Notes may be called early if FCX is at or above the $65.13 initial price on any autocall observation date, returning principal plus due and previously unpaid interest. If not called and FCX stays at or above the $45.59 downside threshold at maturity, principal is repaid; otherwise investors receive a reduced cash equivalent tied to FCX, risking some or all of their investment. All payments depend on UBS’s credit and the Notes are not exchange-listed.
UBS AG is offering $2,552,000 of Trigger Autocallable Contingent Yield Notes linked to Constellation Energy’s common stock, maturing February 3, 2028. Each $1,000 Note pays a 12.50% per annum contingent coupon, only if CEG’s closing price on quarterly observation dates is at or above the 50% coupon barrier of $140.34.
The Notes can be automatically called on any observation date before maturity if CEG closes at or above the call threshold of $280.68, returning principal plus that period’s coupon. If not called and CEG is at or above the 50% downside threshold at maturity, investors receive $1,000 per Note; if below, they receive 3.5628 CEG shares per Note (plus cash for fractions), likely worth significantly less than principal.
The Notes are unsecured UBS debt, not listed on an exchange, and carry UBS credit risk. The estimated initial value is $972.00 per $1,000 Note, reflecting underwriting discounts, hedging and issuance costs. The product is aimed at investors who can tolerate loss of most or all principal and forgo CEG dividends.
UBS AG is offering Trigger Callable Contingent Yield Notes linked to the worst performer of the Nasdaq‑100 Technology Sector Index and the S&P 500 Index, maturing on or about March 2, 2029. Each Note has a $1,000 principal amount and pays a monthly contingent coupon at a 10.30% per annum rate (about $8.5833 per month) only if both indices close at or above their coupon barriers on the relevant observation date.
UBS may call the Notes in whole, but not in part, on any monthly observation date beginning after six months, paying back principal plus any due coupon; no further payments would be made. If the Notes are not called and the final level of either index is below its downside threshold of 70% of its initial level, investors receive back less than principal, in line with the negative return of the worst‑performing index, and could lose their entire investment.
The Notes are unsecured, unsubordinated obligations of UBS, are not FDIC‑insured, will not be listed on an exchange and their payments depend entirely on UBS’s credit. The estimated initial value per $1,000 Note is expected between $954.90 and $984.90, reflecting internal funding and fees, with an underwriting discount of up to $7.50 per Note and minimum proceeds to UBS of at least $992.50 per Note.
UBS AG is offering $8,994,000 of Buffered Digital Notes with Downside Leverage Factor linked to the S&P 500 Index, maturing February 18, 2027. These unsecured notes pay no interest and at maturity either return principal plus an 8.11% digital return or expose holders to amplified losses.
If the S&P 500 final level is at or above the downside threshold of 6,245.13 (90% of the 6,939.03 initial level), investors receive $1,081.10 per $1,000 note. Below the threshold, principal is reduced using a downside leverage factor of approximately 1.1111 beyond a 10% buffer, which can result in total loss.
The minimum investment is 10 notes ($10,000). The estimated initial value is $988.20 per $1,000 note, reflecting underwriting discounts, hedging and issuance costs. All payments depend on UBS’s creditworthiness, and the notes will not be listed on any securities exchange, so liquidity may be limited.
UBS AG is offering Capped Buffer Contingent Absolute Return Securities, unsecured notes linked to the least performing of the Dow Jones Industrial Average and the S&P 500 Index. Each Security has a $1,000 principal amount and a term of about 18 months, from a February 2026 trade date to an August 2027 maturity.
If the least-performing index rises, UBS pays principal plus the lesser of that index’s gain or the 11.00% maximum upside gain, capping the best outcome at a $1,110 payment per Security. If the index is flat or down but stays at or above 85% of its initial level (a 15.00% downside threshold), investors receive a contingent absolute return equal to the magnitude of the decline, up to 15.00%, for a maximum payment of $1,150.
If the least-performing index falls below 85% of its initial level, investors lose principal beyond a 15.00% buffer, and could lose almost all of their investment. The notes pay no interest, do not pass through dividends, and expose holders to UBS credit risk. The estimated initial value is expected between $944.10 and $974.10 per $1,000 issue price, reflecting fees and hedging costs, and the Securities are not expected to be listed, so liquidity may be limited.
UBS AG is offering unsecured Buffered Digital Notes linked to the S&P 500® Index, maturing on February 18, 2027. These notes aim to pay a fixed 8.26% digital return if the index’s final level is at or above a downside threshold set at 90% of the initial level.
The structure includes a 10% buffer, but losses beyond that are magnified by a downside leverage factor of approximately 1.1111, so a 1% decline past the buffer causes about a 1.1111% loss of principal. The notes pay no interest, do not share in upside above the digital return, offer no dividends, have limited or no secondary market, and all payments depend on UBS’s creditworthiness.
UBS AG is offering $3,245,000 of Trigger Autocallable Contingent Yield Notes with Memory Interest and a Conditional Threshold Event, linked to the least performing of Broadcom, NVIDIA and Tesla common stock. Each Note has a $1,000 principal amount and a term of about two years, maturing on February 3, 2028, unless called early.
The Notes pay a contingent coupon at a rate of 23.30% per annum (monthly coupons of $19.4167 per Note) only if on an observation date the closing level of each stock is at or above its coupon barrier: 70% of the initial level for each underlying. Missed coupons can be recovered later via the memory interest feature if a future observation meets the barrier condition.
The Notes are automatically called if, beginning after three months, on any observation date each stock is at or above its call threshold level, set at 100% of its initial level; investors then receive principal plus any due and previously unpaid coupons, and the Notes terminate. If not called, repayment at maturity depends on the Conditional Threshold Event. Initial levels are $331.30 for Broadcom, $191.13 for NVIDIA, and $430.41 for Tesla, with downside thresholds at 60% of each initial level.
A “threshold event” occurs if, on the final valuation date, each stock is below its upper barrier (100% of initial level) and at least one is below its downside threshold (60% of initial). If no threshold event occurs, investors receive full principal at maturity, plus any contingent coupon payable at that time and any previously unpaid coupons if barrier conditions are met. If a threshold event occurs and the Notes were not called, investors receive $1,000 multiplied by 1 plus the underlying return of the least performing stock, leading to a loss equal to that stock’s percentage decline and potentially a total loss of principal.
The Notes expose holders to the individual market risk of each stock on every observation date, with performance driven by the worst performer. Investors do not participate in any stock price appreciation, receive no dividends, and have no shareholder rights. The estimated initial value is $974.30 per $1,000 Note, reflecting underwriting discounts, hedging and other costs embedded in the issue price. The Notes are unsubordinated, unsecured obligations of UBS AG London Branch, subject to UBS’s credit risk; if UBS defaults, investors could lose some or all of their investment.
UBS AG is offering $2,270,000 of Trigger Callable Contingent Yield Notes linked to the least performing of three ETFs: VanEck Gold Miners (GDX), Real Estate Select Sector SPDR (XLRE) and Utilities Select Sector SPDR (XLU), maturing on August 3, 2028.
The notes pay a contingent coupon at an annual rate of 11.20% (about $9.3333 per $1,000 note monthly) only when, on an observation date, the closing level of each ETF is at or above its coupon barrier, set at 50% of its initial level. UBS can call the notes in whole on any monthly observation date after three months, repaying principal plus any due coupon.
If the notes are not called and, at maturity, any ETF finishes below its downside threshold (also 50% of its initial level), investors receive $1,000 multiplied by 1 plus the return of the worst-performing ETF, which can result in a substantial or total loss of principal. All payments depend on UBS’s credit strength.
UBS AG is offering $583,000 of capped buffer contingent absolute return securities, $1,000 per note, linked to the worst performer of the Nasdaq‑100, Russell 2000 and S&P 500 indices, maturing on February 10, 2027.
If the worst index shows a positive return, investors receive principal plus that gain, capped at a 9.00% maximum upside gain ($1,090 per note). If its return is zero or negative but no index closes below 80% of its initial level, investors get principal plus the contingent absolute return, up to 20.00% ($1,200).
If any index finishes below its downside threshold, repayment falls dollar‑for‑dollar beyond the 20% buffer, and losses can reach about 80% of principal in severe declines. The notes pay no interest, are not exchange‑listed, and all payments depend on UBS’s credit. The estimated initial value is $987.10 per $1,000 note.
UBS AG is offering $1,986,000 of Trigger Callable Contingent Yield Notes linked to the least performing of the Nasdaq‑100, Russell 2000 and S&P 500 indices, maturing in February 2031. The notes pay a 9.00% per annum contingent coupon only if, on each quarterly observation date, every index closes at or above its coupon barrier set at 65% of its initial level.
UBS can call the notes in whole on any observation date after six months, returning principal plus any due coupon. If the notes are not called and any index finishes below its 60% downside threshold at final valuation, repayment is reduced one‑for‑one with the worst index’s loss, and investors could lose all principal. The notes are unsecured UBS debt, and the estimated initial value per $1,000 note is $962.30, reflecting fees, hedging and UBS’s internal funding rate.
UBS AG is offering $23,623,000 of Airbag Autocallable Contingent Yield Notes linked to the S&P 500® Index, maturing on February 4, 2030. These are unsecured debt obligations that pay an 8.05% per annum contingent coupon only when the index closes at or above the 80% coupon barrier on observation dates.
The notes can be called automatically after 12 months if the index is at or above 100% of the 6,939.03 initial level, returning principal plus the due coupon. If held to maturity and the index stays at or above the 80% downside threshold, investors receive full principal; below that level, losses are leveraged at 1.25% of principal for each 1% additional index decline, up to a total loss. All payments depend on UBS’s creditworthiness and the notes are not listed.
UBS AG is offering $2,835,000 of Trigger Callable Contingent Yield Notes linked to the least performing of the Nasdaq-100® Technology Sector Index, the Energy Select Sector SPDR® Fund and the Financial Select Sector SPDR® Fund, maturing February 2, 2029.
The notes pay an 11.60% per annum contingent coupon only if, on each monthly observation date, every underlying is at or above its coupon barrier set at 70% of its initial level. Principal is protected at maturity only if each final level stays at or above its 60% downside threshold; otherwise repayment is reduced in line with the weakest underlying and can fall to zero. UBS may call the notes after six months, repaying principal plus any due coupon, and the notes are unsecured, unlisted obligations with an estimated initial value of $983.50 per $1,000.
UBS AG is offering $2,568,000 of Trigger Autocallable Contingent Yield Notes with Memory Interest linked to Oracle common stock, paying a 16.78% annual contingent coupon when Oracle closes at or above the $98.75 coupon barrier on monthly observation dates.
The notes can be automatically called quarterly if Oracle is at or above the $164.58 call threshold, returning principal plus due and unpaid coupons. If not called, investors receive full principal back at maturity on August 4, 2027 only if Oracle’s final level is at or above the $98.75 downside threshold.
If the final level is below the downside threshold, investors receive 6.0761 Oracle shares per $1,000 note (plus cash for any fraction), likely worth significantly less than principal, exposing them to full downside below that level. All payments depend on UBS’s credit and the notes are unsecured, unsubordinated obligations.
UBS AG is offering $250,000 of Trigger Callable Contingent Yield Notes linked to the worst performer among the Nasdaq-100 Technology Sector Index, the Russell 2000 Index and the Utilities Select Sector SPDR Fund, maturing February 2, 2029.
The notes pay a 9.50% per annum contingent coupon only if each underlying stays at or above its barrier (70% of initial) on monthly observation dates. UBS can call the notes after three months, repaying principal plus any due coupon. If not called and any underlying finishes below its 60% downside threshold, investors’ principal is reduced one-for-one with the worst-performing asset and can be fully lost. The notes are unsecured UBS debt with no listing and limited expected liquidity; the estimated initial value is $970.90 per $1,000 note, below issue price.
UBS AG is offering $2,828,000 of Trigger Callable Contingent Yield Notes linked to the least performing of the Nasdaq-100, Russell 2000 and S&P 500, maturing August 4, 2027. Each $1,000 note pays a 10.15% per annum contingent coupon when all three indexes stay at or above 70% of their initial levels on monthly observation dates.
UBS can call the notes in whole on any observation date after three months, returning principal plus any due coupon, ending further payments. If the notes are not called and any index finishes below its 70% downside threshold, investors lose principal in line with that worst index’s decline, up to a total loss. All payments depend on UBS’s credit, and the estimated initial value is $971.60 per $1,000 note, below the issue price due to dealer compensation, hedging and funding costs.
UBS AG is offering $1.31 million of Trigger Autocallable Contingent Yield Notes with Memory Interest linked to Constellation Energy Corporation common stock. Each $1,000 note pays an 18.05% per annum contingent coupon on quarterly observation dates only if the stock closes at or above a 70% coupon barrier.
The notes auto-call early if the stock closes at or above 100% of the $280.68 initial level on any observation date before maturity, returning principal plus due and unpaid coupons. If not called and the final stock level is at or above the 70% downside threshold, investors receive principal back at maturity.
If the final level is below the downside threshold, repayment is reduced one-for-one with the stock’s decline, and investors can lose all principal. The notes are unsecured UBS obligations, not listed on any exchange, and their estimated initial value is $964.30 per $1,000, below the issue price.
UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to Broadcom Inc. stock. The notes pay a 15.44% per annum contingent coupon (about $38.60 per quarter on a $1,000 note) only when Broadcom’s closing price is at or above a 60% coupon barrier.
The notes can be automatically called quarterly if Broadcom closes at or above the call threshold of 100% of the $331.30 initial level, returning principal plus the due coupon but ending future payments. If they are not called and Broadcom finishes at or above the 60% downside threshold ($198.78), investors receive full principal back at maturity.
If, at final valuation, Broadcom closes below the downside threshold, investors receive 3.0184 Broadcom shares per note (plus cash for any fraction), which may be worth far less than $1,000, exposing them to substantial or total loss. All payments depend on UBS’s credit; the estimated initial value is $963.40 per $1,000 note, below the issue price, and the total offering size is $2,432,000.
UBS AG is offering $6,057,000 of Contingent Income Auto-Callable Securities due February 3, 2028 linked to the worst performer of Apple, Amazon and Alphabet Class A shares. Investors can receive contingent coupons of $36.25 per $1,000 (14.50% per annum) on each determination date if all three stocks close at or above 60% of their initial prices.
If on any non-final determination date all three stocks are at or above 100% of their initial prices, the notes are automatically redeemed at par plus that period’s coupon. At maturity, if the notes have not been called and any stock finishes below 60% of its initial price, repayment of principal is reduced one-for-one with the worst-performing stock’s decline, and all principal can be lost. The securities are unsecured, unsubordinated obligations of UBS AG and are not insured by any government agency.
UBS AG is offering $1,003,000 of Trigger Callable Contingent Yield Notes linked to the least performing of the Russell 2000 Index, the S&P 500 Index and the Utilities Select Sector SPDR Fund, maturing on February 4, 2030. The notes pay a 9.10% per annum contingent coupon (about $7.5833 per $1,000 monthly) only if on each observation date all three underlyings stay at or above 70% of their initial levels.
UBS can call the notes quarterly at par plus any due coupon, ending further payments. If not called and any underlying finishes below its 60% downside threshold, repayment is reduced one-for-one with the worst performer, up to a total loss of principal. The notes are unsecured UBS debt, unlisted, and their value and payments depend on UBS’s creditworthiness.
UBS AG is offering about $2.238 million of Trigger Autocallable Contingent Yield Notes with Memory Interest linked to the common stock of United Airlines Holdings, Inc. Each Note has a $1,000 principal amount and offers a contingent coupon at a 14.43% per annum rate, paid quarterly when the stock closes at or above the coupon barrier.
The Notes can be called early if United’s stock closes at or above the call threshold level, in which case investors receive principal plus any due and unpaid coupons. If the Notes are not called and the final stock level is at or above the downside threshold of $71.62 (70% of the initial $102.32 level), investors receive their principal back. If the final level falls below the downside threshold, investors receive 9.7733 shares of United per Note, expected to be worth significantly less than principal, exposing them to substantial loss. All payments depend on the creditworthiness of UBS, and the Notes are unsecured, unsubordinated obligations that will not be listed on any exchange.
UBS AG is offering $9,320,000 of Trigger Autocallable Contingent Yield Notes with Memory Interest linked to the Russell 2000 and S&P 500 indices. These three-year notes pay an 8.50% per annum contingent coupon (about $42.50 per $1,000 every six months) only if on an observation date both indices close at or above their coupon barriers, set at 70% of initial levels.
The notes auto-call early if on any semiannual observation date before maturity both indices are at or above 100% of their initial levels, returning principal plus due and previously unpaid coupons. If never called and at maturity either index finishes below its 70% downside threshold, repayment is reduced one-for-one with the worst index’s decline, and investors can lose their entire principal.
The notes are unsecured, unsubordinated UBS debt, not insured by any government agency, and will not be listed on an exchange. UBS estimates the initial fair value at $970.70 per $1,000, reflecting embedded fees, funding costs and dealer compensation.
UBS AG is offering $1,839,000 of Capped Buffer Securities linked to the S&P 500 Index, maturing February 4, 2027. Each Security has a $1,000 principal amount and pays no interest. At maturity, the payoff depends on the index performance between the trade date and final valuation date.
If the S&P 500 return is positive, payment is capped at a maximum gain of 10.75%, or $1,107.50 per Security. If the index is flat or down but stays at or above the downside threshold of 5,898.18 (85% of the 6,939.03 initial level), investors receive their $1,000 principal.
If the final index level falls below the downside threshold, investors lose principal beyond the 15% buffer, and in extreme declines could lose almost all of their investment. The notes are unsecured, unsubordinated debt of UBS, not listed on any exchange, and all payments depend on UBS’s creditworthiness. The estimated initial value is $993.00 per Security, below the $1,000 issue price.
UBS AG is offering $3,525,000 of Trigger Callable Contingent Yield Notes, $1,000 per Note, linked to the worst performer of the Nasdaq‑100, Russell 2000 and S&P 500 indexes, maturing on February 2, 2029.
The Notes pay a 10.85% per annum contingent coupon monthly only if all three indexes stay at or above 75% of their initial levels on each observation date. UBS may call the Notes, in whole, on any monthly observation after three months, returning principal plus any due coupon. If not called and any index finishes below 70% of its initial level, principal repayment is reduced one‑for‑one with the worst index’s loss, up to total loss of investment. The Notes are unsecured UBS debt, not FDIC‑insured, and their estimated initial value is $962 per $1,000 issue price.
UBS AG is offering $1,200,000 of Trigger Callable Contingent Yield Notes linked to the least performing of the Russell 2000 Index, the S&P 500 Index and the Utilities Select Sector SPDR Fund, maturing on February 4, 2031. The notes pay a 9.75% per annum contingent coupon (about $8.125 per $1,000 note per month) only when all three underlyings are at or above their coupon barriers, set at 70% of initial levels.
UBS can call the notes quarterly at par plus any due coupon, ending all future payments. If the notes are not called and any underlying finishes below its downside threshold at 65% of its initial level, repayment is reduced in line with the worst performer and can fall to zero. The estimated initial value is $981.20 per $1,000 note, and investors face both full market downside in the least performing asset and the unsecured credit risk of UBS, with no listing and limited expected liquidity.
UBS AG is offering $4,014,000 of Trigger Autocallable Contingent Yield Notes with Memory Interest linked to the least performing of the Russell 2000 Index and the S&P 500 Index, maturing in February 2029. The notes pay a 7.00% per annum contingent coupon when both indices close at or above 70% of their initial levels on semiannual observation dates, with missed coupons potentially paid later under a memory feature.
The notes can be automatically called if both indices are at or above 100% of their initial levels on any observation date, returning principal plus due and unpaid coupons. If not called and either index finishes below its 70% downside threshold, repayment is reduced one-for-one with the loss on the worst-performing index, up to a total loss of principal. Payments depend on UBS’s credit and the notes will not be listed on an exchange. The estimated initial value is $956.60 per $1,000 note, reflecting fees and hedging costs.
UBS AG is offering Trigger Callable Contingent Yield Notes linked to the worst performer of the Russell 2000 Index, the S&P 500 Index and the Utilities Select Sector SPDR Fund. The notes pay an 8.30% per annum contingent coupon, but only if on each monthly observation date all three underlyings are at or above 60% of their initial levels.
The notes have a $1,000 denomination, mature around February 9, 2028, and are callable by UBS on any observation date after six months at par plus any due coupon. If not called and any final underlying level is below its 60% downside threshold, principal is reduced one-for-one with the worst-performing asset and can fall to zero. The estimated initial value is between $961.40 and $991.40 per note, reflecting fees, hedging costs and UBS’s internal funding rate. All payments depend on UBS’s credit; a default could result in total loss.
UBS AG is offering $660,000 of Trigger Autocallable Contingent Yield Notes due January 4, 2028. These unsecured notes pay a contingent coupon of 13.55% per annum (monthly installments of $11.2917 per $1,000) only when the VanEck Gold Miners ETF, the Nasdaq‑100 Technology Sector Index and the Russell 2000 Index all close at or above their coupon barriers.
The notes may be automatically called monthly, starting after three months, if each underlying is at or above its 100% call threshold; in that case, investors receive principal plus any due coupon and the product terminates early. If not called, principal is repaid at maturity only if each underlying finishes at or above its 60% downside threshold; otherwise, repayment is reduced one‑for‑one with the loss of the worst‑performing underlying, up to a total loss of principal.
The notes are not listed, may have limited liquidity, and expose investors to equity, sector (gold miners, technology, small‑caps), emerging market, currency and volatility risks. Any payment depends on UBS’s credit; a default by UBS could result in losing all invested principal.
UBS AG is offering $120,000 of Buffer Autocallable GEARS, unsecured debt securities linked to the least performing of the Nasdaq-100 Index and the S&P 500 Index, maturing in February 2028 unless automatically called.
The notes may be called in February 2027 if both indices are at or above their initial levels, paying $1,095 per $1,000 note based on a 9.50% per annum call return. If not called, investors get enhanced exposure to any positive performance of the worst index via 1.50x upside gearing.
A 20% downside buffer offers contingent principal protection only if the worst index is at or above 80% of its initial level at maturity; below that, losses match the decline beyond the buffer and can approach total loss. The notes pay no interest, offer no dividends, are not exchange-listed and all payments depend on UBS’s creditworthiness.
UBS AG is offering $19,297,000 of Trigger Callable Contingent Yield Notes linked to the least performing of the Nasdaq-100® Technology Sector Index, the Russell 2000® Index and the S&P 500® Index, maturing January 4, 2028. The Notes pay a contingent coupon at an annual rate of 11.85% (monthly coupons of $9.875 per $1,000) only if, on each monthly observation date, all three indices close at or above their coupon barriers, set at 70% of their initial levels.
UBS can call the Notes in whole, beginning after three months, paying back principal plus any due coupon, after which no further payments are made. If the Notes are not called and any index finishes below its 70% downside threshold at maturity, repayment is reduced one-for-one with the negative return of the worst-performing index and can fall to zero. The Notes are unsecured UBS debt, not listed on an exchange, and their estimated initial value is $974.00 per $1,000 issue price.
UBS AG is offering $2,518,000 of Buffer Contingent Absolute Return GEARS, unsecured notes linked to the worst performer among the Nasdaq-100, Russell 2000 and S&P 500, maturing in February 2028. Each Security has a $1,000 principal amount and a term of about two years.
If the least performing index finishes above its initial level, investors receive principal plus the index gain multiplied by 1.05 upside gearing. If the least performing index is flat or down but stays at or above its 80% downside threshold, investors receive a positive “contingent absolute return” on losses up to 20%, capped at a 20% gain ($1,200 maximum).
If any index ends below its downside threshold, repayment is reduced by losses beyond the 20% buffer and investors can lose almost all principal. The notes pay no interest, are not listed, and all payments depend on UBS’s credit; a UBS default could result in a total loss.
UBS AG is offering $5,000,000 of trigger autocallable contingent yield notes linked to the EURO STOXX 50® Index, each with a $10 principal amount. The notes pay a 6.00% per annum contingent coupon (1.50% quarterly) only when the index closes at or above a preset barrier on quarterly observation dates.
The notes can be automatically called after about 12 months if the index is at or above the initial level, returning principal plus the applicable coupon. If not called and, at maturity in early 2029, the index is at or above 60% of its initial level, investors receive full principal.
If the final index level is below 60% of the initial level, repayment is reduced one-for-one with the index loss, and investors can lose all of their investment. Payments depend entirely on the creditworthiness of UBS, and the notes are unsecured, unsubordinated obligations with no listing or guaranteed secondary market.
UBS AG is offering $295,000 of Trigger Callable Contingent Yield Notes due February 3, 2028, linked to the least performing of the Nasdaq-100® Technology Sector Index, the Russell 2000® Index and the Utilities Select Sector SPDR® Fund.
The Notes pay a 9.00% per annum contingent coupon ($7.50 per $1,000) only if, on each monthly observation date, all three underlyings are at or above 70% of their initial levels. UBS may call the Notes monthly after three months, returning principal plus any due coupon.
If not called and any underlying finishes below 60% of its initial level, repayment is reduced one-for-one with the loss on the worst performer, and investors can lose their entire principal. The Notes are unsecured obligations of UBS; all payments depend on UBS’s credit, and the estimated initial value is $973.70 per $1,000 note.
UBS AG is offering $849,000 of Trigger Autocallable Contingent Yield Notes linked to Southwest Airlines Co. stock, maturing February 5, 2029. These are unsecured, unsubordinated debt obligations of UBS that pay a contingent coupon only if Southwest’s share price on each observation date is at or above a preset coupon barrier.
The notes can be called early: if on any observation date before maturity the stock closes at or above the initial level, UBS repays the $10 principal per Note plus the due contingent coupon, and the notes terminate. If the notes are not called and the final stock level is at or above the downside threshold, investors receive back principal, plus a final contingent coupon if the level also meets the coupon barrier.
If the notes are not called and the final level is below the downside threshold, repayment is reduced in line with the stock’s percentage decline, and investors can lose their entire 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 $9.71 per Note.
UBS AG is offering trigger autocallable contingent yield notes linked to the common stock of Southwest Airlines Co., maturing around February 5, 2029. These are unsecured debt obligations, so all payments depend on UBS’s ability to meet its commitments.
Investors receive a contingent coupon only when Southwest’s share price on an observation date is at or above a coupon barrier. The notes can be called early if the stock closes at or above the initial level on any observation date, returning principal plus that period’s coupon.
If the notes are not called and the final stock level is at or above a downside threshold, investors receive their principal back, potentially with a final coupon. If the final level is below the downside threshold, repayment is reduced in line with the stock’s decline, and investors can lose all of their initial investment. The estimated initial value per $10 note is expected between $9.34 and $9.59.
UBS AG is offering Trigger Callable Contingent Yield Notes linked to the worst performer among the Nasdaq‑100 Technology Sector Index, Russell 2000 Index, Technology Select Sector SPDR Fund and Utilities Select Sector SPDR Fund, maturing on or about August 9, 2029.
The Notes pay a contingent coupon of 14.15% per annum (about $11.79 per $1,000 monthly) only if, on each observation date, every underlying is at or above its coupon barrier, set at 70% of its initial level. UBS may call the Notes in whole, beginning after three months, and pay back principal plus any due coupon; no further payments would be made.
If the Notes are not called and any underlying finishes below its downside threshold (also 70% of initial level), repayment is reduced in line with the negative return of the worst‑performing underlying, and up to 100% of principal can be lost. Payments depend on UBS’s credit; a default could result in total loss. The estimated initial value is expected between $957.80 and $987.80 per $1,000 note, reflecting fees and UBS’s internal funding rate.
UBS AG is offering $2,450,000 of Trigger Autocallable Contingent Yield Notes, $1,000 per Note, linked to the least performing of the VanEck® Gold Miners ETF, the Nasdaq-100® Technology Sector Index and the Russell 2000® Index, maturing February 1, 2029.
Investors can receive an 11.50% per annum contingent coupon, paid monthly, but only when the closing level of each underlying is at or above its coupon barrier. The Notes may be automatically called after 6 months if all underlyings are at or above 100.00% of their initial levels, returning principal plus any due coupon.
If not called and any final underlying level is below its 50.00% downside threshold, repayment is reduced in line with the worst-performing asset’s negative return, up to a full loss of principal. The estimated initial value is $936.10 per Note, the Notes are unsecured, unlisted, and all payments depend on UBS’s creditworthiness.
UBS AG is offering $3,388,000 of Trigger Autocallable Contingent Yield Notes linked to the worst performer among the VanEck Gold Miners ETF, the Nasdaq-100 Technology Sector Index, and the Russell 2000 Index, maturing on February 1, 2029.
The notes pay a 14.00% per annum contingent coupon only if all three underlying assets stay at or above set coupon barriers on monthly observation dates. They can be called early if all are at or above their call thresholds, returning principal plus any due coupon. If not called and any final level is below its downside threshold, repayment is reduced one-for-one with the worst underlying’s loss, up to total loss of principal. All payments depend on UBS’s creditworthiness.
UBS AG is offering $39,901,050 of Trigger Callable Contingent Yield Notes with Daily Coupon Observation linked to the Russell 2000, S&P 500 and EURO STOXX 50. The notes pay an 11.00% per annum contingent coupon only if all three indices stay at or above their coupon barriers on every trading day in each quarterly observation period.
UBS can call the notes in whole on any observation end date (except the final one) and repay principal plus any due coupon. If the notes are not called and any index finishes below its downside threshold at maturity in May 2029, investors lose principal in line with the worst-performing index and could lose their entire investment. All payments depend on UBS’s creditworthiness and there is no stock market listing or guaranteed secondary market.
UBS AG is offering $5,860,000 of Airbag Callable Contingent Yield Notes linked to the least performing of the Nasdaq-100 Technology Sector Index and the S&P 500 Index, maturing in February 2027. Each $1,000 note pays a 12.00% per annum contingent coupon when both indices close at or above 85% of their initial levels on monthly observation dates.
UBS can call the notes in whole on any observation date beginning after three months, returning principal plus any due coupon, after which no further payments are made. If the notes are not called and any index finishes below its 85% downside threshold at maturity, principal is reduced with leveraged downside: investors lose about 1.1765% of principal for each 1% decline beyond the 15% buffer, up to total loss. Payments depend entirely on UBS’s credit, the notes will not be listed, and the estimated initial value is $991.50 per $1,000 note.
UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of CrowdStrike Holdings, Inc., with a total offering size of $200,000. These are unsubordinated, unsecured debt obligations of UBS, not bank deposits and not FDIC insured.
Investors receive contingent coupons only when CrowdStrike’s closing share price on an observation date is at or above a preset coupon barrier. The notes are automatically called early if the share price on any observation date before maturity is at or above the initial level, in which case investors receive principal plus the relevant contingent coupon and no further payments.
If the notes are not called and the final stock price on the February 1, 2028 valuation date is at or above the downside threshold, investors receive their full principal at the February 3, 2028 maturity, plus 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 the stock’s decline and investors can lose most or all of their investment.
The notes are expected to trade in the secondary market, but will not be listed on an exchange. The minimum investment is 100 notes at $10 each. The estimated initial value is $9.83 per note, based on UBS’s internal pricing models. All payments depend on UBS’s creditworthiness in addition to CrowdStrike’s share performance.
UBS AG is offering $849,000 of Trigger Autocallable Contingent Yield Notes linked to Carnival Corporation common stock, maturing on February 5, 2029. These unsecured debt notes pay contingent coupons only when Carnival’s share price is at or above a set coupon barrier on scheduled observation dates.
The notes can be automatically called early if Carnival’s share price is at or above the initial level on an observation date, returning principal plus the applicable coupon and ending the investment. If never called and the final share price is below a downside threshold at maturity, investors suffer a loss matching Carnival’s percentage decline and could lose their entire principal. All payments depend on UBS’s credit; the notes are not listed, require a minimum $1,000 investment, and have an estimated initial value of $9.69 per $10 note.
UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of CrowdStrike Holdings, Inc., maturing on or about February 3, 2028. These are unsecured, unsubordinated debt obligations of UBS, not deposits and not FDIC insured.
Investors receive a contingent coupon only when CrowdStrike’s closing share price on an observation date is at or above a preset coupon barrier. If on any non-final observation date the share price is at or above the initial level, the notes are automatically called and pay back principal plus the applicable coupon; no further payments are made.
If the notes are not called and the final share level is at or above a downside threshold, UBS repays the $10 principal per Note. If the final level is below that threshold, repayment is reduced in line with CrowdStrike’s negative return, and investors can lose some or all of their investment. The estimated initial value is between $9.49 and $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 Charter Communications, Inc., maturing February 3, 2028. These unsecured debt notes pay contingent coupons only when the stock closes at or above a preset coupon barrier on observation dates.
The notes can be automatically called before maturity if the stock closes at or above its initial level on any observation date, in which case investors receive principal plus any due coupon and no further payments. If the notes are 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 investors can lose their entire investment.
All payments depend on UBS’s creditworthiness, the notes will not be listed on any exchange, they are sold in minimum investments of $1,000 at $10 per note, and the estimated initial value is $9.61 per note as of the trade date.
UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Carnival Corporation, with a minimum investment of 100 Notes at $10 per Note and a term of approximately three years, maturing on February 5, 2029.
Investors receive contingent coupons only if Carnival’s share price on each observation date is at or above a coupon barrier; otherwise no coupon is paid. The Notes are automatically called early if the share price is at or above the initial level on an observation date, in which case investors receive principal plus any due coupon and no further payments.
If the Notes are not called and the final share level is at or above a downside threshold, investors receive only their principal back; if it is below the threshold, repayment is reduced in line with the share’s decline, and the entire investment can be lost. All payments depend on UBS’s credit, and the estimated initial value per Note is expected between $9.31 and $9.56, below the $10 issue price.
UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the shares of the iShares Silver Trust ETF. These unsecured debt notes pay a contingent coupon only if the ETF’s closing level on each observation date is at or above a defined coupon barrier.
The notes can be automatically called early if the ETF’s level on any observation date before maturity is at or above the initial level; in that case, investors receive the principal plus the applicable contingent coupon and no further payments. If not called and the final level on February 1, 2027 is at or above the downside threshold, investors receive full principal back, potentially with a final contingent coupon.
If the notes are not called and the final ETF level is below the downside threshold, repayment is reduced in line with the ETF’s decline, and investors can lose their entire investment. Payments depend on UBS’s creditworthiness. The notes are not exchange-listed, have a minimum investment of 100 notes at $10 each, and an estimated initial value of $9.55 per note.
UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Charter Communications, Inc., maturing on or about February 3, 2028. These unsecured, unsubordinated notes pay contingent coupons only if the stock closes at or above a specified coupon barrier on each observation date.
The notes can be automatically called before maturity if the stock closes at or above the initial level on any observation date, in which case investors receive principal plus any due coupon and no further payments. If not called, investors receive principal 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.
The minimum investment is 100 notes at $10 per note, and the estimated initial value per note on the trade date is expected between $9.32 and $9.57. All payments depend on UBS’s creditworthiness, and the notes are not listed on any securities exchange and are described as significantly riskier than conventional debt instruments.
UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the shares of the iShares Silver Trust. These unsecured debt securities pay a contingent coupon only when the ETF’s closing level on an observation date is at or above a preset coupon barrier.
The notes can be called early if the ETF 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 level is at or above the downside threshold, principal is repaid; if it is below the downside threshold, repayment is reduced in line with the ETF’s decline and investors can lose all of their investment. All payments depend on UBS’s creditworthiness, the notes are not listed, and the preliminary examples reference a $10 denomination, a 6.98% per annum contingent coupon rate, and a downside threshold and coupon barrier set at 55% of the initial level.