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 $1,000,000 of Trigger Autocallable Contingent Yield Notes with Memory Interest, issued in $1,000 denominations and linked to the least performing of the common stock of Amazon.com, Booking Holdings and General Motors. The Notes pay a contingent coupon at 17.35% per annum (about $14.4583 per month) only if on an observation date the closing level of each stock is at or above its coupon barrier, set at 60% of its initial level. Beginning after six months, the Notes are automatically called if all three stocks are at or above their call threshold, equal to 100% of the initial level, returning principal plus due and unpaid coupons.
If not called, at maturity in July 2029 investors receive full principal only if each final stock level is at or above its downside threshold, set at 50% of the initial level. Otherwise, the payoff is $1,000 × (1 + worst stock return), so losses mirror the decline of the least performing stock and can reach 100% of principal. Investors do not participate in stock price appreciation and forgo dividends; the maximum return consists solely of contingent coupons.
The Notes are unsubordinated, unsecured obligations of UBS AG London Branch, subject entirely to UBS credit risk and are not FDIC insured. They will not be listed on an exchange, and secondary liquidity may be limited. Underwriting compensation is $2.50 per Note (plus a separate $5.00 per Note marketing fee), and the estimated initial value is $983.40, below the $1,000 issue price, reflecting embedded costs and UBS’ internal funding rate.
UBS AG is offering $1,255,000 of Trigger Callable Contingent Yield Notes due January 19, 2028, linked to the least performing of the S&P 500 Index, Russell 2000 Index and Nasdaq-100 Index. The notes pay a 12.35% per annum contingent coupon, assessed monthly, only when each index closes at or above its coupon barrier, set at 70% of its initial level.
UBS may, at its discretion, call the notes monthly after three months, returning principal plus any due coupon, after which no further payments occur. If not called and any index finishes below its downside threshold (also 70% of its initial level), repayment is reduced in line with the worst-performing index, up to a total loss of principal. The notes are unsecured, unsubordinated obligations of UBS, not insured by any government agency, will not be listed, and all payments depend on UBS’s credit. Investors pay $1,000 per note, while the estimated initial value is $989.40, reflecting underwriting, hedging and other costs.
UBS AG is offering $2,233,000 of Trigger Callable Contingent Yield Notes linked to the least performing of the S&P 500 Index, the Russell 2000 Index and the Nasdaq-100 Technology Sector. The notes pay a contingent coupon of 9.10% per annum, on monthly dates, only when the closing level of each index on the related observation date is at or above its coupon barrier, set at 60% of its initial level.
UBS may, at its discretion, call the notes in whole on any monthly observation date beginning after three months; if called, investors receive principal plus any due coupon, with no further payments. If the notes are not called and on the final valuation date any index closes below its 60% downside threshold, repayment of principal is reduced one-for-one with the percentage decline of the worst-performing index, up to a total loss of the investment.
The notes mature on June 20, 2028, are unsecured and unsubordinated obligations of UBS, are not listed on any exchange, and have an estimated initial value of $974.20 per $1,000 face amount, reflecting underwriting discounts, hedging and issuance costs. All payments are subject to the creditworthiness of UBS.
UBS AG is offering $1,421,000 of Trigger Callable Contingent Yield Notes due July 18, 2030, linked to the least performing of the Dow Jones Industrial Average®, Nasdaq-100 Index® and Russell 2000® Index.
The notes are unsubordinated, unsecured debt with a contingent coupon of 11.87% per annum, paid monthly only if each index closes at or above its coupon barrier, set at 70.00% of its initial level. UBS may, at its discretion, call the notes in whole on any monthly observation date beginning after three months, returning principal plus any due coupon.
If not called, principal is repaid at maturity only if every index’s final level is at or above its downside threshold, set at 60.00% of its initial level; otherwise repayment is reduced in line with the worst-performing index, up to a total loss. The estimated initial value is $990.80 per $1,000 note, reflecting fees, hedging and UBS’s internal funding rate. The notes are not listed, may be illiquid, and all payments depend on UBS’s creditworthiness.
UBS AG is offering $1,596,000 of Trigger Callable Contingent Yield Notes due July 19, 2029, linked to the least performing of the S&P 500 Index, Russell 2000 Index and Nasdaq-100 Technology Sector. The Notes pay a 13.40% per annum contingent coupon only when all three indexes close at or above their coupon barriers, each set at 70% of its initial level.
UBS may call the Notes monthly after three months, returning principal plus any due coupon. If not called, at maturity investors receive full principal only if every index is at or above its 70% downside threshold; otherwise they incur a loss matching the worst index’s decline, up to total loss of principal. All payments depend on UBS’s credit, the Notes will not be listed, liquidity may be limited, and the estimated initial value is $987.80 per $1,000 Note, below the issue price due to fees and UBS’s internal funding rate.
UBS AG is offering $1,768,000 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 on July 19, 2029.
The notes pay a 10.25% per annum contingent coupon, evaluated monthly, only when each index closes at or above its coupon barrier, set at 70% of its initial level. UBS may call the notes in whole on any observation date beginning after three months, returning principal plus any due coupon.
If not called and any index finishes below its downside threshold, set at 60% of its initial level, investors receive principal reduced by the worst index’s percentage decline and can lose their entire investment. All payments depend on UBS’s credit; the estimated initial value is $970.30 per $1,000 note.
UBS AG is offering $135,000 of unsubordinated, unsecured Airbag Autocallable Yield Notes linked to the common stock of Mattel, Inc., scheduled to mature on January 19, 2027. The Notes pay coupons on each coupon payment date regardless of stock performance, unless they have been automatically called.
The Notes are automatically called, and principal plus the applicable coupon is repaid, if on any observation date before the final valuation date Mattel’s closing price is at or above the initial level. If the Notes are not called and the final level is at or above a downside threshold, investors receive principal plus the final coupon at maturity. If the final level is below the downside threshold, repayment is reduced: investors lose about 1.1765% of principal for each 1% decline in the stock below the threshold and 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 $9.82 per $10 Note.
UBS AG is offering $100,000 Trigger Autocallable Contingent Yield Notes linked to the common stock of Oracle Corporation, maturing on July 16, 2027. Each Note has a principal amount of $10, with a minimum investment of 100 Notes ($1,000). The Notes pay a contingent coupon only if, on an observation date, Oracle’s closing level is at or above the coupon barrier; otherwise no coupon is paid.
The Notes may be automatically called before maturity if Oracle’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 any due coupon and no further payments. If not called, principal is repaid at maturity only if Oracle’s final level is at or above the downside threshold; below this level, repayment is reduced one‑for‑one with Oracle’s decline, and investors can lose their entire investment. A hypothetical example uses a 27.27% per annum coupon rate and shows returns ranging from a 6.818% gain on an early call to a 57.182% loss if Oracle finishes well below the threshold. All payments depend on UBS’s credit, and the Notes will not be listed on any exchange.
UBS AG is offering $1,103,000 of Trigger Autocallable Contingent Yield Notes linked to the common stock of Micron Technology, Inc., maturing on July 16, 2029. The Notes pay a 34.89% per annum contingent coupon (about $0.8723 per $10 Note per period) only when the stock’s closing level on a quarterly observation date is at or above the coupon barrier.
The Notes can be automatically called on any quarterly observation date after six months if the stock 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 the downside threshold of $50.00 (50% of the initial level), investors receive par at maturity; if below, repayment is $10 × (1 + underlying return), exposing investors to the stock’s full downside and potential total loss of principal. The Notes are unsecured obligations of UBS, have an estimated initial value of $9.66 per $10 Note, are not insured or listed on any exchange, and all payments depend on UBS’s creditworthiness.
UBS AG is issuing $100,000 of unsubordinated, unsecured Trigger Autocallable Contingent Yield Notes linked to the common stock of Starbucks Corporation. Each Note has a $10 principal amount, with a minimum investment of 100 Notes (a $1,000 purchase). The trade date is July 14, 2026, settlement is July 16, 2026, and the Notes are scheduled to mature on July 17, 2028.
Holders are eligible for periodic contingent coupons only if, on each observation date (including the final valuation date), the Starbucks share price is at or above a specified coupon barrier; otherwise, no coupon is paid for that period. The Notes are subject to an automatic call if, on any observation date before the final valuation date, the share price is at or above the initial level; in that case, investors receive principal plus any due coupon on the call settlement date and no further payments.
If the Notes are not called and the final share price on July 13, 2028 is at or above a downside threshold, investors receive the full principal at maturity (plus any contingent coupon for that date). If the final price is below the downside threshold, the maturity payment is reduced in proportion to the share-price decline, and investors can lose some or all of their initial investment. All payments depend on the creditworthiness of UBS, the Notes are not insured or listed on any exchange, and the estimated initial value is $9.72 per $10 Note based on UBS internal pricing models.
UBS AG plans to issue unsubordinated, unsecured Airbag Autocallable Yield Notes linked to the common stock of Mattel, Inc. The Notes pay fixed coupons on each coupon payment date regardless of stock performance while they remain outstanding. They are automatically called, with repayment of principal plus the due coupon, if on any observation date before the final valuation date Mattel’s closing price is at or above the initial level.
If the Notes are not called and the final level on January 14, 2027 is at or above a downside threshold, UBS will repay the $10 principal per Note at maturity on or about January 19, 2027, plus the last coupon. If the final level is below the downside threshold, holders receive less than principal, with losses magnified: they lose approximately 1.1765% of principal for each 1% decline in Mattel’s price from the initial level to the final level beyond the threshold, and can lose their entire investment.
A hypothetical $10 Note with an approximately six‑month term uses a coupon rate of 9.93% per annum, paying $0.2483 quarterly. The minimum investment is 100 Notes at $10 each. UBS estimates the initial economic value of each Note will be between $9.55 and $9.80, reflecting internal funding and pricing; any payment depends on UBS’s credit, the Notes are not FDIC‑insured, and they will not be listed on an exchange, which may limit liquidity.
UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to Oracle Corporation common stock, maturing on July 16, 2027. The Notes pay contingent coupons only on observation dates when Oracle’s closing price is at or above a coupon barrier. If on any observation date before maturity the price is at or above the initial level, the Notes are automatically called and repay the $10 principal plus any due coupon, with no further payments.
If the Notes are not called, principal repayment at maturity is conditional. Investors receive full principal only if the final Oracle price is at or above a downside threshold; otherwise repayment is reduced one-for-one with Oracle’s decline, and all principal can be lost. Payments depend entirely on UBS’s credit. The Notes are unsecured, unsubordinated obligations, will not be listed on any exchange, and may be hard to sell. The minimum investment is 100 Notes ($1,000). The estimated initial value is between $9.46 and $9.71 per $10 Note, reflecting dealer costs and UBS’s internal funding assumptions.
UBS AG is offering $385,000 of Trigger Autocallable Contingent Yield Notes linked to the common stock of International Business Machines Corporation. Each Note has a $10 principal amount, with a minimum investment of 100 Notes ($1,000).
The Notes pay contingent coupons only on observation dates when the IBM share price is at or above a specified coupon barrier. UBS may automatically call the Notes on quarterly observation dates beginning after six months if IBM closes at or above the initial level, in which case investors receive principal plus any due coupon and no further payments.
If the Notes are not called and IBM’s final level is at or above a downside threshold, investors receive principal at maturity; if it is below the threshold, repayment is reduced one-for-one with IBM’s decline, and the entire principal can be lost. Payments depend on the creditworthiness of UBS. The Notes are unsecured, unsubordinated, will not be listed on any exchange, and their estimated initial value is $9.62 per $10 Note.
UBS AG is offering $100,000 of Trigger Autocallable Contingent Yield Notes linked to First Solar, Inc. common stock, each with a $10 principal amount. The Notes trade on a trade date of July 14, 2026 and, if not called earlier, mature on July 16, 2027.
Investors receive contingent coupons only when the underlying stock closes at or above a specified coupon barrier on observation dates; otherwise no coupon is paid. The Notes are automatically called if the 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, principal is repaid at maturity only if the final stock level is at or above a downside threshold; below that level, repayment is reduced in line with the stock’s decline and can fall to zero.
The Notes are unsecured debt of UBS, exposed to both market risk in the underlying stock and UBS credit risk, are not insured, and will not be listed. The estimated initial value is $9.72 per $10 Note, and the minimum investment is 100 Notes ($1,000).
UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Micron Technology, Inc., maturing on or about July 16, 2029. The Notes are unsecured, unsubordinated obligations of UBS and are not principal protected or FDIC‑insured.
Investors receive contingent coupons only when Micron’s closing price on an observation date (quarterly, beginning after six months) is at or above a coupon barrier. The Notes may be automatically called from that point onward if Micron closes at or above its initial level, returning principal plus the relevant coupon.
If not called and Micron’s final level is at or above a downside threshold, principal is repaid at maturity; otherwise the payout falls in line with Micron’s decline, up to a total loss of principal. The Notes will not be listed on any exchange. The minimum investment is 100 Notes at $10 each, and the estimated initial value is $9.29–$9.54 per $10 Note.
UBS AG is issuing $5,539,300 of Trigger Autocallable Contingent Yield Notes linked to the common stock of Freeport-McMoRan Inc., maturing on July 16, 2029. These are unsubordinated, unsecured debt obligations of UBS AG, with payments fully dependent on UBS’s credit.
Investors receive a contingent quarterly coupon only if the Freeport-McMoRan 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 if, on any quarterly observation date after six months, the share price is at or above the initial level, in which case holders receive principal plus the due contingent coupon and the product terminates.
If not called, principal is repaid at maturity only if the final share price is at or above a downside threshold; below that level, repayment is reduced one-for-one with the stock’s decline, and investors can lose their entire investment. Hypothetical examples illustrate a contingent coupon rate of 14.89% per annum and thresholds set at 50% of the initial level. The notes are sold at $10 per Note (minimum $1,000), with an estimated initial value of $9.73 per Note, will not be listed on any exchange, and are characterized as significantly riskier than conventional debt instruments.
UBS AG is offering Trigger Autocallable Contingent Yield Notes, unsecured unsubordinated debt linked to the common stock of Starbucks Corporation, maturing on or about July 17, 2028. Each Note has a $10 principal amount, with a minimum investment of 100 Notes ($1,000), and will not be listed on any securities exchange.
Investors receive a contingent coupon on each observation date only if the Starbucks share price is at or above a preset coupon barrier; otherwise no coupon is paid. The Notes are automatically called before maturity, returning principal plus any due coupon, if the share price is at or above the initial level on an observation date. If not called and the final level is at or above a downside threshold, principal is repaid; if below, repayment is reduced in line with the underlying return and can fall to zero. Any payment depends on UBS’s credit. The estimated initial value is expected to be between $9.42 and $9.67 per $10 Note.
UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of International Business Machines Corporation, maturing on or about July 16, 2027. The notes pay contingent quarterly coupons only when the IBM share price on an observation date is at or above a specified coupon barrier.
The notes are automatically called before maturity if IBM closes at or above its initial level on an observation date, in which case investors receive principal plus any due coupon and no further payments. If not called and IBM is at or above a downside threshold on the final valuation date, investors receive full principal; if it is below, repayment is reduced in proportion to IBM’s decline and principal can be fully lost.
The notes are unsecured, unsubordinated debt obligations of UBS, are not bank deposits, will not be listed on an exchange, and all payments depend on UBS’s credit. Minimum investment is 100 Notes at $10 each (a $1,000 investment), and the estimated initial value is expected to be between $9.28 and $9.53 per Note.
UBS AG is offering $657,000 of Trigger Autocallable Contingent Yield Notes linked to the common stock of Boston Scientific Corporation, maturing on July 16, 2029. These unsubordinated, unsecured debt obligations pay a contingent coupon only if the stock closes at or above a coupon barrier on quarterly observation dates, including the final valuation date.
The notes may be automatically called after six months if the stock closes at or above the initial level, in which case holders receive the $10 principal per Note plus any due coupon and the notes terminate. If not called and the final level is at or above a downside threshold of $60.00, equal to 60.00% of the initial level, principal is repaid; below that threshold investors receive $10 x (1 + underlying return) and can lose a significant portion or all of their investment. The term is approximately three years, with an illustrative contingent coupon rate of 14.55% per annum (coupon $0.3638 per period), a minimum investment of 100 Notes ($1,000) and an estimated initial value of $9.75 per Note. The notes are not listed on any exchange and all payments depend on UBS’s creditworthiness.
UBS AG is issuing Trigger Autocallable Contingent Yield Notes linked to the common stock of First Solar, Inc., maturing on or about July 16, 2027. These unsecured, unsubordinated debt obligations pay a contingent coupon only if the stock’s closing level on an observation date is at or above a predefined coupon barrier; otherwise no coupon is paid for that period.
The notes are subject to an automatic call if, on any observation date before maturity, the stock closes at or above the initial level. In that case, investors receive the principal plus the applicable contingent coupon on the call settlement date and no further payments. If not called, principal is repaid at maturity only if the final stock level is at or above a downside threshold. If the final level is below this threshold, repayment is reduced in line with the stock’s negative return, and investors can lose all of their initial investment.
The notes are subject to UBS credit risk, will not be listed on any exchange, and have a minimum investment of 100 notes at $10 per note. The estimated initial value per $10 note is expected to be between $9.46 and $9.71, reflecting internal pricing and funding considerations.
UBS AG is offering $207,000 aggregate principal amount of Trigger Autocallable Contingent Yield Notes linked to the common stock of Apollo Global Management, Inc., maturing on July 16, 2029. Each Note has a $10 denomination and is an unsubordinated, unsecured debt obligation of UBS.
Investors receive contingent coupons only when the underlying stock closes at or above a preset coupon barrier on observation dates. The Notes are automatically called if the stock closes at or above the initial level on any observation date before the final valuation date, in which case UBS repays principal plus the applicable contingent coupon and makes no further payments. 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 negative return and can fall to zero. The Notes are not exchange-listed, have a minimum investment of 100 Notes ($1,000), and an estimated initial value of $9.67 per Note, with all payments subject to UBS’s credit risk.
UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Freeport-McMoRan Inc., with a $10 principal amount per Note and an expected term running from July 14, 2026 to July 16, 2029. Investors receive contingent coupons only when the underlying stock closes at or above a preset coupon barrier on quarterly observation dates, and the Notes are automatically called early if the stock closes at or above its initial level on an observation date.
If the Notes are not called and the stock is at or above a downside threshold on the final valuation date, investors receive the $10 principal per Note; otherwise they are exposed one-for-one to the stock’s decline and can lose all principal. The Notes are unsubordinated, unsecured UBS debt, subject to UBS credit risk, will not be listed on any exchange, require a minimum investment of 100 Notes ($1,000), and have an estimated initial value expected between $9.35 and $9.60 per $10 Note.
UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Boston Scientific Corporation, each with a $10 principal amount and an expected maturity on July 16, 2029. The notes pay contingent coupons on quarterly observation dates only when the underlying share price closes at or above a preset coupon barrier.
The notes are automatically called if the underlying closes at or above its initial level on an observation date, in which case investors receive principal plus the applicable contingent 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 principal; below that threshold they are fully exposed to the underlying’s decline and can lose their entire investment.
The minimum investment is 100 notes (a $1,000 investment), and the estimated initial value per note on the trade date is expected to range between $9.38 and $9.63, below the issue price. All payments depend on UBS’s creditworthiness, and the notes will not be listed on any securities exchange.
UBS AG is offering $500,000 of Airbag Autocallable Yield Notes linked to Oracle Corporation common stock, maturing on July 16, 2027. The Notes pay fixed coupons on each quarterly coupon payment date regardless of Oracle’s performance, unless they are automatically called after observation dates that begin roughly six months after issuance.
On any quarterly observation date before the final valuation date, if Oracle’s closing share price is at or above the initial level, the Notes are automatically called and investors receive the $1,000 principal per Note plus the coupon for that period, with no further payments. If not called and the final share price is at or above a specified conversion level on the final valuation date, UBS repays principal at maturity along with the final coupon.
If the Notes are not called and Oracle’s final share price is below the conversion level, principal is repaid in Oracle shares based on a preset share delivery amount, whose value is expected to be less than the $1,000 principal, causing loss of some or all of the initial investment. All payments and share deliveries depend on UBS’s credit; if UBS defaults, investors could lose their entire investment. The estimated initial value is $975.50 per Note, less than the $1,000 principal amount.
UBS AG is offering unsecured Trigger Autocallable Contingent Yield Notes linked to the common stock of Apollo Global Management, Inc., maturing on July 16, 2029. The notes pay contingent coupons only when the stock closes at or above a specified coupon barrier on scheduled observation dates; otherwise no coupon is paid.
The notes are automatically called before maturity if Apollo’s stock closes at or above the initial level on an observation date, in which case investors receive 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, principal is repaid at maturity; 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 each (a $1,000 investment). The estimated initial value is expected to be between $9.32 and $9.57 per note, reflecting UBS’s internal pricing and funding costs. The notes are not listed, carry UBS credit risk, and embed complex equity-linked and downside features that can result in a total loss of principal.
UBS AG is offering $150,000 of Trigger Autocallable Contingent Yield Notes linked to the American depositary receipts of Arm Holdings plc. These are unsecured, unsubordinated debt obligations of UBS with a scheduled maturity on July 17, 2028, unless automatically called earlier.
Investors receive a contingent coupon on a coupon payment date only if, on the related observation date (including the final valuation date), the Arm ADR closing level is at or above a specified coupon barrier; otherwise, no coupon is paid for that period. If on any observation date before the final valuation date the ADR closes at or above the initial level, the notes are automatically called and pay the $10 principal per note plus any contingent coupon then due, after which no further payments are made.
If the notes are not called and the final ADR level observed on July 13, 2028 is at or above a downside threshold, investors receive the $10 principal per note, plus a final contingent coupon if the coupon barrier is also met. If the final level is below the downside threshold, repayment is reduced in line with the ADR’s decline and the entire investment can be lost. All payments depend on UBS’s credit; a UBS default could result in total loss. The notes will not be listed, have an estimated initial value of $9.70 per $10 note, and require a minimum investment of 100 notes ($1,000).
UBS AG is offering $575,000 of Trigger Autocallable Contingent Yield Notes linked to International Business Machines Corporation common stock, with a principal amount of $10 per note and scheduled maturity on July 17, 2028.
Investors may receive quarterly contingent coupons, illustrated at 16.42% per annum or $0.4105 per $10 note, only when the closing level of IBM on an observation date is at or above a $60.00 coupon barrier, which also serves as the downside threshold.
The notes may be automatically called on any quarterly observation date starting after six months if IBM closes at or above the initial level, paying principal plus any due coupon. If not called and IBM’s final level is below the downside threshold, repayment is reduced one-for-one with the underlying return, and investors can lose all principal. Any payment depends on the creditworthiness of UBS; the estimated initial value is $9.66 per note, below the $10 issue price, and the minimum investment is 100 notes ($1,000).
UBS AG is offering $185,000 of Trigger Autocallable Contingent Yield Notes linked to the common stock of AppLovin Corporation, maturing on July 16, 2031. Each note has a $10 principal amount, with a minimum investment of 100 notes ($1,000). The estimated initial value is $9.66 per $10 note, determined using UBS’s internal pricing models and funding rate.
The notes pay a contingent coupon only on observation dates when AppLovin’s share price closes at or above a coupon barrier. They are automatically called if the stock closes at or above the initial level on any observation date before maturity, in which case investors receive principal plus any due coupon and no further payments. If never called and the final stock level is at or above a downside threshold, investors receive their principal back (and a final 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 percentage decline, up to a total loss of principal. All payments depend on the creditworthiness of UBS, and the notes are unsecured, unlisted and not insured by any governmental agency.
UBS AG is offering Airbag Autocallable Yield Notes linked to the common stock of Oracle Corporation, with a per-note principal amount of $1,000 and scheduled maturity on July 16, 2027.
Investors receive fixed coupons on each quarterly coupon payment date unless the notes are automatically called. An automatic call occurs if, on any observation date beginning about six months after issuance, Oracle’s closing share price is at or above the initial level; in that case, investors receive principal plus the coupon on the call settlement date and the investment ends.
If the notes are not called and the final share price on the final valuation date is at or above a defined conversion level, investors receive the $1,000 principal in cash plus the final coupon. If the final share price is below the conversion level, investors receive Oracle shares equal to the share delivery amount (principal divided by the conversion level), expected to be worth less than $1,000, so some or all principal can be lost. Payments and share delivery depend on UBS’s credit; a UBS default could lead to loss of all invested principal. The notes will not be listed, and the estimated initial value is expected to be $949.50–$974.50 per $1,000 note, below the issue price, reflecting internal pricing and funding considerations.
UBS AG is offering Trigger Autocallable Contingent Yield Notes, unsecured unsubordinated debt linked to the American depositary receipts of Arm Holdings plc. Each Note has a $10 principal amount, a minimum investment of 100 Notes, and is expected to mature on July 17, 2028.
On each observation date, including the final valuation date, UBS pays a contingent coupon only if the Arm ADR closing level is at or above a coupon barrier; otherwise no coupon is paid for that period. The Notes are automatically called early if the ADR closes at or above the initial level on any observation date before maturity, in which case holders receive the principal plus any due coupon and the product terminates.
If the Notes are not called and the final ADR level is at or above a downside threshold, investors receive back the principal at maturity; if it is below that threshold, repayment is reduced in proportion to the ADR’s decline, with the possibility of a total loss of principal. All payments depend on UBS’s creditworthiness, the Notes will not be listed on any exchange, and the estimated initial value is expected to be $9.37–$9.62 per $10 Note.
UBS AG is offering $397,000 of Trigger Autocallable Contingent Yield Notes linked to Lam Research Corporation common stock, maturing July 17, 2028. Investors receive contingent coupons only when Lam Research’s closing share price on an observation date is at or above a preset coupon barrier. If on any observation date before maturity the share price is at or above the initial level, the notes are automatically called, paying back principal plus the applicable contingent coupon, with no further payments.
If the notes are not called and the final share price on July 13, 2028 is at or above the downside threshold, principal is repaid; otherwise repayment is reduced one-for-one with Lam Research’s decline and all principal can be lost. The notes are unsecured, unsubordinated UBS debt, subject to UBS’s credit risk, are not FDIC insured, and will not be listed on an exchange. Minimum investment is 100 notes at $10 each; the estimated initial value is $9.80 per note, based on UBS’s internal models.
UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of International Business Machines Corporation. Each Note has a $10 principal amount and is scheduled to mature on or about July 17, 2028. Contingent coupons are paid quarterly only when the underlying stock’s closing level on an observation date is at or above a coupon barrier.
The Notes are automatically called if, on any observation date beginning after six months, the stock closes at or above the initial level; investors then receive principal plus that period’s contingent coupon, and the Note terminates. If not called, principal is repaid at maturity only if the final level is at or above a downside threshold; otherwise the payoff decreases in line with the stock’s negative performance and can fall to zero, resulting in total loss of principal.
All payments, including any contingent coupons and principal repayment, are subject to UBS’s credit. The Notes are not bank deposits, are not FDIC-insured, and are not expected to be listed on an exchange. The minimum investment is $1,000, and the estimated initial value per Note is expected to be between $9.28 and $9.53, below the issue price.
UBS AG is offering Trigger Autocallable Contingent Yield Notes, unsecured debt linked to the common stock of AppLovin Corporation, under its shelf registration. The notes are expected to trade on July 14, 2026 and mature on or about July 16, 2031.
Each note has a $10 denomination with a minimum investment of 100 notes. Investors receive contingent coupons only if the underlying stock closes at or above a coupon barrier on observation dates. The notes are automatically called, returning principal plus any due coupon, if the stock closes at or above the initial level before final valuation.
If not called, principal is repaid at maturity only when 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 notes are not FDIC insured, will not be listed, and all payments depend on the creditworthiness of UBS. An estimated initial value per $10 note is expected between $9.29 and $9.54. Hypothetical examples illustrate an approximately five-year term and a 26.21% per annum contingent coupon rate.
UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to Lam Research Corporation common stock, maturing around July 17, 2028. The notes pay a contingent coupon only on observation dates when the stock closes at or above a specified coupon barrier; otherwise no coupon is paid.
The notes can be called early if the stock closes at or above its initial level on any observation date, in which case investors receive principal plus the applicable contingent coupon and the investment ends. If not called and the final stock level is at or above a downside threshold, principal is repaid at maturity, with a contingent coupon if the barrier is also met.
If the final level is below the downside threshold, repayment is reduced one-for-one with the stock’s decline from the initial level, and the entire principal can be lost. Payments depend on UBS’s credit; the notes are unsecured, unsubordinated obligations, not listed on any exchange, and their estimated initial value per $10 note is expected to be between $9.43 and $9.68.
UBS AG is offering $160,000 of Trigger Autocallable Contingent Yield Notes linked to Meta Platforms, Inc. common stock, maturing January 18, 2028. The notes are senior unsecured debt of UBS and are not insured or exchange-listed.
Investors receive a contingent coupon only if Meta’s closing level on an observation date is at or above a preset coupon barrier; otherwise, no coupon is paid. The notes are automatically called early if Meta’s level on any observation date before maturity is at or above the initial level, returning the $10 principal per note plus any due coupon, with no further payments.
If not called, principal is repaid at maturity only if Meta’s final level is at or above a downside threshold; below that threshold, repayment is reduced in line with the underlying return and can fall to zero. Payments depend on UBS’s creditworthiness, and the estimated initial value is $9.78 per $10 note. Minimum investment is 100 notes ($1,000), and secondary market liquidity may be limited.
UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Applied Materials, Inc., maturing on July 17, 2028. These unsubordinated, unsecured notes pay contingent coupons only when the stock closes at or above a preset coupon barrier on scheduled observation dates.
The notes are automatically called before maturity if the underlying stock closes at or above its initial level on any observation date, in which case investors receive the $10 principal per note plus the applicable contingent coupon and no further payments. If not called and the final stock level is at or above a downside threshold, investors receive principal back; if it is below that threshold, repayment is reduced in line with the stock’s decline, and the entire investment can be lost.
All payments, including any repayment of principal, depend on UBS’s creditworthiness. The offering size is $335,000 with a minimum investment of 100 notes ($1,000). UBS estimates the initial value at $9.79 per $10 note, below the issue price, reflecting internal pricing and funding assumptions. Hypothetical examples illustrate a 32.04% per annum contingent coupon rate, a $0.801 coupon, and a downside threshold and coupon barrier set at 50.00% of the hypothetical initial stock level.
UBS AG is offering Trigger Autocallable Contingent Yield Notes, unsubordinated and unsecured debt obligations linked to the common stock of Meta Platforms, Inc., with a scheduled maturity on or about January 18, 2028. Payments depend on Meta’s share performance and the creditworthiness of UBS.
On each observation date, UBS pays a contingent coupon only if Meta’s closing level is at or above a specified coupon barrier; otherwise no coupon is paid for that period. The notes are automatically called if, on any observation date before the final valuation date, Meta’s closing level is at or above the initial level, in which case investors receive the principal amount plus the applicable contingent coupon and the notes terminate.
If the notes are not called and the final level is at or above the downside threshold, investors receive the $10 principal per note at maturity, potentially plus a final contingent coupon. If the final level is below the downside threshold, the maturity payment is reduced proportionally to Meta’s decline (the underlying return), and investors can lose a significant portion or all of their initial investment. The notes are offered in $10 denominations with a minimum investment of 100 notes, will not be listed on an exchange, and have an estimated initial value between $9.45 and $9.70 per $10 note based on UBS’s internal pricing models.
UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Applied Materials, Inc., maturing on or about July 17, 2028. Each Note has a $10 principal amount, with a minimum investment of 100 Notes ($1,000).
The Notes pay contingent coupons only when the underlying stock closes at or above a preset coupon barrier on observation dates and may be automatically called if the stock closes at or above its initial level. If not called, investors receive full principal at maturity only if the final stock level is at or above a downside threshold; otherwise the payoff equals $10 times 1 plus the stock’s return, creating full downside exposure and potential total loss. Any payment depends on UBS’s creditworthiness, and the estimated initial value is expected to be between $9.42 and $9.67 per $10 Note.
UBS AG is offering $505,000 of Trigger Autocallable Contingent Yield Notes linked to the common stock of International Business Machines Corporation. Each note has a $10 principal amount, pays a 19.00% per annum contingent coupon, and has a term to July 17, 2028.
Coupons are paid quarterly only when IBM’s closing level on an observation date is at or above the coupon barrier, set at $70.00, which is 70.00% of the initial level. Starting about 12 months after issuance, the notes are automatically called if IBM’s level is at or above the initial level, returning principal plus the applicable coupon.
If not called and the final level on July 13, 2028 is at or above the downside threshold of $70.00, principal is repaid (and a final coupon if the barrier is met). If the final level is below the downside threshold, repayment is reduced one-for-one with IBM’s decline, and principal can be lost entirely. Payments depend on UBS’s credit, the notes are not listed, and the estimated initial value per note is $9.57 versus the $10 issue price.
UBS AG is offering $750,000 of Trigger Autocallable Contingent Yield Notes linked to the common stock of International Business Machines Corporation, maturing on July 16, 2027. The notes are unsubordinated, unsecured UBS debt and are not principal protected or insured.
Holders receive a contingent coupon on each quarterly observation date only if IBM’s closing share price is at or above a coupon barrier; otherwise no coupon is paid. The notes are automatically called if IBM closes at or above the initial level on any observation date after six months, in which case investors receive the $10 principal per note plus any due coupon and the product terminates. If not called and IBM’s final level is at or above a downside threshold on the final valuation date, only principal is repaid; if it is below the threshold, repayment is reduced in line with IBM’s decline and all principal can be lost. Minimum investment is 100 notes ($1,000), the notes will not be listed on any exchange, and the estimated initial value is $9.72 per $10 note, based on UBS internal pricing models and funding rate.
UBS AG is offering $500,000 of Trigger Autocallable Contingent Yield Notes linked to the common stock of Freeport-McMoRan Inc., due July 16, 2027. The notes pay a contingent coupon only on observation dates when the underlying stock closes at or above a preset coupon barrier. If on any observation date before the final valuation date the stock closes at or above the initial level, the notes are automatically called and investors receive the $10 principal per note plus any due contingent coupon, with no further payments.
If the notes are not automatically called and, on the final valuation date, the stock closes at or above a downside threshold, investors receive the $10 principal per note (plus any final contingent coupon). If the final level is below the downside threshold, repayment is reduced in line with the stock’s percentage decline and can fall to zero, causing a total loss of principal. The notes are unsubordinated, unsecured obligations of UBS, are not FDIC-insured, will not be listed on any exchange, and have an estimated initial value of $9.79 per note versus a $10 issue price. The minimum investment is 100 notes, or $1,000, and all payments depend on UBS’s creditworthiness.
UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of International Business Machines Corporation, each with a $10 principal amount and expected term from July 14, 2026 to July 17, 2028. The Notes pay contingent coupons only if IBM’s closing level on an observation date, including the final valuation date, is at or above a coupon barrier; otherwise no coupon is paid for that period.
The Notes are automatically called if IBM’s closing level on any quarterly observation date (beginning after 12 months, before maturity) is at or above the initial level, in which case investors receive principal plus any due contingent coupon and no further payments. If not called and IBM’s final level is at or above a downside threshold, principal is repaid at maturity; if it is below the downside threshold, repayment is reduced in line with the underlying return and can fall to zero. All payments depend on the creditworthiness of UBS, and the Notes are unlisted, offered in a minimum of 100 Notes ($1,000 investment), with an estimated initial value between $9.20 and $9.45 per Note.
UBS AG is offering Trigger Autocallable Contingent Yield Notes, which are unsubordinated, unsecured debt obligations linked to the common stock of International Business Machines Corporation, with an expected maturity on or about July 16, 2027 and a principal amount of $10 per Note.
The notes pay contingent quarterly coupons only if IBM’s closing level on an observation date, including the final valuation date, is at or above a specified coupon barrier; otherwise no coupon is paid for that period. The notes may be automatically called quarterly, beginning after six months, if IBM’s closing level is at or above the initial level, in which case investors receive the principal plus any due coupon and no further payments.
If the notes are not called and IBM’s final level is at or above a downside threshold, investors receive the full principal at maturity, plus any final coupon. If the final level is below the downside threshold, investors are exposed to IBM’s downside and receive less than principal, based on the underlying return, potentially losing their entire investment. All payments depend on UBS’s credit. The notes are offered in minimums of 100 Notes at $10 each, are not listed on any exchange, and have an estimated initial value between $9.38 and $9.63 per Note, below the $10 issue price.
UBS AG is offering Trigger Autocallable Contingent Yield Notes, which are unsubordinated, unsecured debt obligations linked to the common stock of Freeport-McMoRan Inc. The Notes have a trade date of July 14, 2026, a final valuation date of July 14, 2027 and a maturity date of July 16, 2027, with a principal amount of $10 per Note and a minimum investment of 100 Notes.
The Notes pay a contingent coupon on scheduled coupon payment dates only if the stock closes at or above a specified coupon barrier on the related observation date; otherwise no coupon is paid. They are automatically called if, on any observation date before maturity, the stock closes at or above the initial level, in which case investors receive the $10 principal plus the applicable 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 only the $10 principal; if it is below the downside threshold, repayment is reduced one-for-one with the stock’s negative return, and investors can lose all of their investment.
All payments are subject to the creditworthiness of UBS, and the Notes are not insured or listed on any securities exchange. The estimated initial value per Note on the trade date is expected to be between $9.46 and $9.71, below the $10 issue price, reflecting internal funding and structuring costs.
UBS AG is offering $4,819,000 of Trigger Autocallable Contingent Yield Notes linked to the common stock of Amazon.com, Inc. These unsecured notes pay contingent coupons only on observation dates when Amazon’s closing share price is at or above a defined coupon barrier; otherwise no coupon is paid.
The notes can be automatically called quarterly, beginning after six months, if the share price is at least the initial level, returning principal plus any due coupon on the call settlement date. If not called, investors receive full principal at maturity on July 16, 2029 only if the final share price is at or above a downside threshold; below that level they participate one-for-one in the stock’s decline and could lose their entire investment. All payments depend on UBS’s credit, the notes are not listed on any exchange, the minimum investment is $1,000 (100 Notes at $10 each), and the estimated initial value is $9.78 per $10 Note.
UBS AG is offering Trigger Autocallable Contingent Yield Notes, unsecured and unsubordinated debt obligations linked to the common stock of Amazon.com, Inc., with a scheduled maturity on or about July 16, 2029. Each Note has a $10 principal amount, with a minimum investment of 100 Notes ($1,000), and all payments depend on the creditworthiness of UBS.
UBS will pay contingent coupons only if the Amazon stock closing level on a quarterly observation date (including the final valuation date) is at or above a coupon barrier; otherwise no coupon is paid for that period. The Notes are automatically called if, on any quarterly observation date beginning after 6 months, the stock closes at or above the initial level, in which case investors receive the $10 principal plus any due coupon and no further payments.
If the Notes are not called and the final stock level on the valuation date is at or above a downside threshold, investors receive the $10 principal at maturity. If the final level is below the downside threshold, the maturity payment equals $10 times (1 + underlying return), creating full downside exposure to the stock and the possibility of losing all principal. The Notes will not be listed on any exchange. The estimated initial value is expected to be between $9.39 and $9.64 per $10 Note, and UBS highlights that investing in the Notes involves significant risks, including loss of principal and the possibility of receiving no coupons.
UBS AG is offering $100,000 principal amount of Trigger Autocallable Contingent Yield Notes linked to the common stock of the underlying company, due July 17, 2028. Each Note has a $10 denomination and pays a contingent coupon only when the stock closes at or above a coupon barrier on quarterly observation dates.
The indicative contingent coupon rate is 19.71% per annum, or $0.4928 per quarter in the examples. The Notes may be automatically called quarterly (starting after 9 months) if the stock is at or above its initial level, in which case holders receive principal plus the due coupon and the Notes terminate. If not called, principal is repaid at maturity only if the final stock level is at or above the downside threshold, set at 50.00% of the initial level in the examples; otherwise repayment is reduced in line with the stock’s negative return and can fall to zero.
The Notes are unsecured, unsubordinated debt of UBS, not bank deposits and not FDIC insured. All payments depend on UBS’s creditworthiness. The estimated initial value is $9.66 per $10 Note, and the minimum investment is 100 Notes (or $1,000). The Notes are not expected to be listed on any exchange.
UBS AG is offering Trigger Autocallable Contingent Yield Notes, unsecured debt linked to the common stock of an underlying company and maturing on or about July 17, 2028. The Notes pay a contingent coupon on each observation date only if the underlying stock closes at or above a specified coupon barrier.
The Notes are automatically called early if, on any quarterly observation date beginning after nine months, the underlying closes at or above its initial level, in which case investors receive the $10 principal per Note plus any due coupon and no further payments. If the Notes are not called and the final stock level is at or above a downside threshold, principal is repaid at maturity; if it is below that threshold, repayment is reduced in line with the stock’s decline and investors can lose all principal.
The Notes are subject to the credit risk of UBS, are not bank deposits or FDIC insured, and will not be listed on any exchange. The issue price is $10 per Note with a minimum investment of 100 Notes, and the estimated initial value is between $9.36 and $9.61 per Note.
UBS AG London Branch is offering $17,292,000 of Contingent Income Auto-Callable Securities with Memory Coupon linked to Broadcom Inc. common stock, maturing July 13, 2028. Each note has a $1,000 principal amount and pays a contingent coupon of $39.25 per period (15.70% per year) only when Broadcom’s closing price on a determination date is at least 55.00% of the $399.97 initial price, the downside threshold of $219.98.
If on any non-final determination date the stock closes at or above the call threshold of 100.00% of the initial price, the notes auto-call for $1,000 plus the applicable coupon and any unpaid past coupons. If the notes are not called and the final price is at or above the downside threshold, investors receive principal plus the final and any unpaid coupons. If the final price is below the downside threshold, UBS pays a cash amount equal to the exchange ratio times the final price, exposing investors 1-for-1 to Broadcom’s decline and potentially resulting in a total loss of principal.
The securities are unsubordinated, unsecured debt of UBS AG, are not listed, and may have limited secondary liquidity. Total selling compensation is 2.00% of principal, and the estimated initial value is $965.70 per $1,000 note, reflecting internal funding and hedging costs.
UBS AG London Branch is offering $21,220,000 of Contingent Income Auto-Callable Securities due July 13, 2029 linked to Alphabet Inc. Class A common stock. Each $1,000 security pays a contingent coupon of $25.125 (10.05% per annum) on quarterly determination dates when Alphabet’s share price is at or above 60% of the $357.18 initial price, the downside threshold level.
If on any non-final determination date Alphabet closes at or above 100% of the initial price, the notes are automatically redeemed at $1,000 plus that period’s coupon. At maturity, investors receive $1,000 plus the final coupon if Alphabet is at or above the 60% threshold; otherwise they receive a cash value proportional to Alphabet’s final price, which can result in a significant or total loss of principal. The securities are unsubordinated, unsecured UBS AG debt with an estimated initial value of $966.70 per $1,000, reflecting underwriting and structuring fees, and are not listed on any exchange.