UBS AG is offering Bearish Barrier Early Redeemable Market Linked Notes tied to the S&P 500® Index, maturing around May 5, 2027, with a principal amount of $1,000 per Note.
The Notes pay no interest. If, on any trading day, the index closes below the lower barrier (initial level minus 20%), a barrier event occurs and the Notes are automatically redeemed early at par, with no positive return and no further payments.
If no barrier event occurs and the final index level is at or above the initial level, investors receive principal plus a fixed digital return of 3.75%. If no barrier event occurs and the final level is below the initial level but at or above the 20% lower barrier, investors receive principal plus the absolute value of the index decline, up to a 20% maximum return.
The Notes are unsecured obligations of UBS, exposed to its credit risk, will not be listed on an exchange, and have an estimated initial value between $960.10 and $990.10 per $1,000 Note.
UBS AG, through its London Branch, is offering $13,000,000 of Trigger Autocallable Contingent Yield Notes linked to the least performing of the Dow Jones Industrial Average, the Nikkei 225 Index and the S&P 500 Index, maturing in October 2027. Each Note has a $1,000 principal amount and pays a quarterly contingent coupon at an annual rate of 11.01% ($27.525 per quarter) only if all three indices close at or above their coupon barriers, set at 70% of their initial levels.
The Notes can be automatically called on any quarterly observation date before maturity if all indices are at or above 100% of their initial levels, in which case investors receive principal plus the applicable coupon and the product terminates. If the Notes are not called and, at maturity, all indices are at or above their downside thresholds (65% of initial levels), investors receive full principal back; otherwise, repayment is reduced one-for-one with the loss on the worst-performing index, and the entire principal can be lost.
The Notes are unsecured, unsubordinated obligations of UBS, are not insured deposits, will not be listed on an exchange, and may have limited or no secondary market. The estimated initial value is $983 per $1,000 Note, reflecting internal funding and hedging costs.
UBS AG is offering Trigger Autocallable Contingent Yield Notes with Memory Interest linked to Broadcom Inc. common stock, maturing around January 26, 2029. Each Note has a $1,000 denomination and pays a contingent coupon at a rate of 14.50% per annum, but only if Broadcom’s closing level on an observation date is at or above the coupon barrier, set at 60.00% of the initial level. Missed coupons can be paid later under the memory interest feature if conditions are subsequently met.
The Notes can be automatically called quarterly, beginning after six months, if Broadcom’s level is at or above the call threshold, set at 100.00% of the initial level. On an automatic call, investors receive principal plus the due coupon and any unpaid coupons, and the Notes terminate. If the Notes are not called and Broadcom’s final level is at or above the 60.00% downside threshold, investors receive full principal at maturity; if it is below that level, repayment is reduced in line with Broadcom’s decline, and all principal can be lost.
The Notes are unsecured, unsubordinated obligations of UBS, are not listed on any exchange, and their value and payments depend on UBS’s credit. The estimated initial value is expected between $941.00 and $971.00 per $1,000 Note, reflecting underwriting compensation of $15.00 per Note and other costs, so the economic value at issuance is below the issue price.
UBS AG is offering Trigger Autocallable Contingent Yield Notes with Memory Interest linked to the common stock of Applied Digital Corporation, maturing around January 25, 2029. Each Note has a $1,000 principal amount and pays a quarterly contingent coupon at a rate of 26.75% per annum (or $66.875 per period) if Applied Digital’s share price on an observation date is at or above a coupon barrier set at 50% of the initial share level. Missed coupons may be paid later under the memory interest feature.
The Notes are automatically called after six months if the stock closes at or above the initial level (the call threshold) on a quarterly observation date, returning principal plus due and unpaid coupons. If not called and the final stock level is at or above the downside threshold, also set at 50% of the initial level, investors receive full principal back. If the final level is below the downside threshold, repayment is reduced in line with the stock’s loss, and investors can lose their entire investment. The estimated initial value per Note is expected between $890.80 and $920.80, below the $1,000 issue price, and all payments depend on UBS’s credit.
UBS AG is offering three-year Trigger Autocallable Contingent Yield Notes with Memory Interest linked to the worst-performing of the Russell 2000 Index and the S&P 500 Index. The notes target a contingent coupon of 8.50% per annum, paid semiannually only if on each observation date both indices are at or above their coupon barriers, set at 70% of their initial levels. Missed coupons can be paid later if conditions are met, via the memory feature.
The notes are automatically called if, on any observation date before maturity, both indices are at or above their call thresholds, set at 100% of initial levels. If not called, and both indices finish at or above their 70% downside thresholds at maturity, investors receive principal back. If either index finishes below its downside threshold, repayment is reduced in line with the decline of the worst index and can fall to zero, resulting in a total loss. The notes are unsecured obligations of UBS, not listed, and carry both market and UBS credit risk. UBS expects an initial modeled value between $960 and $990 per $1,000 note, reflecting embedded fees and funding costs.
UBS AG is offering trigger callable contingent yield notes linked to three major equity indexes. These unsecured debt securities pay a 10.60% per annum contingent coupon only when, on a monthly observation date, the Dow Jones Industrial Average, Nasdaq-100 Technology Sector Index and Russell 2000 Index are all at or above 75% of their initial levels. UBS can redeem the notes in whole on any observation date after six months, returning principal plus any due coupon and ending future payments.
If the notes are not called and, at maturity in July 2030, each index is at or above 60% of its initial level, investors receive full principal back, with any final coupon depending on barriers. If any index finishes below its 60% downside threshold, repayment is reduced one-for-one with the worst-performing index, and investors can lose all of their investment. All payments depend on UBS’s credit, and the notes are not listed or insured.
UBS AG is offering 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 around January 26, 2029. The Notes pay a contingent coupon of 11.45% per annum (about $9.5417 per $1,000 each month) only when all three indexes close at or above 70% of their initial levels on the relevant observation date.
UBS can call the Notes in whole on any monthly observation date beginning after three months, returning principal plus any due coupon, and ending further payments. If the Notes are not called and, at maturity, all three indexes are at or above their 70% downside thresholds, investors receive their full $1,000 principal per Note. If any index finishes below its downside threshold, repayment is reduced in line with the worst-performing index, and investors can lose some or all of their initial investment. All payments depend on UBS’s credit strength, and the estimated initial value is expected to be between $958 and $988 per $1,000 Note.
UBS AG is offering Bearish Barrier Early Redeemable Market Linked Notes tied to the S&P 500® Index, each with a $1,000 principal amount and maturing on or about May 5, 2027. The notes pay no interest and are unsecured obligations of UBS.
The notes auto-redeem early at par if, on any trading day, the index closes below a “lower barrier” set at 20.00% below the initial level. In that case, investors just receive principal back with no positive return. If no barrier event occurs and the final index level is at or above the initial level, investors receive principal plus a fixed digital return of 3.00%. If no barrier event occurs and the final level is below the initial level, investors receive principal plus the absolute value of the index loss, capped at 20.00%.
The notes are not listed, carry UBS credit risk, and are intended for investors who can forgo dividends and tolerate limited upside. UBS estimates the initial value between $955.60 and $985.60 per $1,000 note, reflecting fees, hedging and funding costs.
UBS AG is offering $500,000 of Trigger Autocallable Contingent Yield Notes with Memory Interest linked to Fortinet, Microsoft and ServiceNow common stock. Each Note has a $1,000 principal amount, an approximate 4‑year term to January 14, 2030, and pays a 12.70% per annum contingent coupon ($10.5833 per month) only if all three stocks close at or above their coupon barriers, set at 70.00% of their respective initial levels.
The Notes can be automatically called after 18 months if each stock is at or above its call threshold level, equal to 100.00% of its initial level. If called, investors receive principal plus the current and any previously unpaid coupons via the memory interest feature. If not called, and at maturity every stock is at or above its downside threshold (55.00% of initial level), investors receive full principal back, plus any due coupons.
If the Notes are not called and any stock finishes below its downside threshold, the payout is reduced in line with the negative return of the worst performer, and investors can lose up to all of their investment. The Notes are unsecured obligations of UBS, not insured or listed, and their estimated initial value is $969.90 per $1,000 issue price, reflecting fees, hedging costs and UBS’ internal funding rate.
UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to Broadcom Inc. common stock, maturing around February 2, 2029. These unsecured notes may pay a high contingent coupon of 14.50% to 15.50% per annum, but only for quarters when Broadcom’s closing share price is at or above a coupon barrier set at 60.00% of the initial level. If on any quarterly observation date before maturity the share price is at or above a call threshold of 100.00% of the initial level, the notes are automatically called and investors receive the $1,000 principal plus the applicable coupon, with no further payments.
If the notes are not called and Broadcom’s final level on the valuation date is at or above the downside threshold (also 60.00% of the initial level), investors get their $1,000 principal. If the final level is below the downside threshold, investors receive a “share delivery amount” of Broadcom stock equal to $1,000 divided by the initial level, exposing them to full downside below that point and potentially a near-total loss of principal. The notes will not be listed, carry UBS credit risk, and have an estimated initial value between $933.40 and $963.40 per $1,000 note, reflecting fees and hedging costs, including a $27.50 underwriting discount per note.