UBS AG is offering $12,000,000 of Buffered Contingent Income Auto-Callable Securities linked to Alphabet Inc.’s Class A common stock. These one-year, principal-at-risk notes pay a contingent coupon of $12.3917 per $1,000 security (about 14.87% per annum) on each quarterly determination date when Alphabet’s share price is at or above 80% of the $314.34 initial price, using a “memory” feature to catch up missed coupons when the condition is later met.
The notes can be automatically called on any non-final determination date if Alphabet closes at or above 100% of the initial price, returning principal plus the applicable contingent and any unpaid coupons. If held to maturity and Alphabet is at or above the 80% downside threshold, investors receive principal plus all due coupons; if it finishes below that level, repayment is reduced on an approximately 1.25x leveraged basis and losses can reach 100%. Investors forgo dividends, any upside in Alphabet shares, face limited liquidity, and take on the unsecured credit risk of UBS AG.
UBS AG is offering unsecured Trigger Autocallable Contingent Yield Notes with Memory Interest linked to the common stock of Tesla, Inc., maturing on or about July 19, 2027. Each Note has a $1,000 principal amount and pays a high, but conditional, contingent coupon of 18.00% to 20.00% per annum when Tesla’s stock closes at or above a coupon barrier set at 70% of the initial level on quarterly observation dates. Missed coupons can be paid later if conditions are met, via the memory interest feature.
The Notes are autocallable: if Tesla’s stock is at or above 100% of the initial level on any observation date (before the final one), investors receive principal plus due and unpaid coupons, and the Notes terminate. If not called and Tesla’s final level is at or above the downside threshold (70% of the initial level), principal is repaid in cash. If the final level is below that threshold, investors receive Tesla shares (or cash equivalent) equal to $1,000 divided by the initial level, exposing them to substantial loss, potentially their entire investment.
The Notes are not listed, may have limited liquidity, and all payments depend on UBS’s creditworthiness. The estimated initial value is expected to be between $937.70 and $967.70 per Note, below the $1,000 issue price due to fees, hedging and funding costs.
UBS AG is offering Capped Buffer GEARS, unsecured notes linked to an equally weighted basket made up of the Invesco S&P 500 Equal Weight ETF (RSP) and the Russell 2000 Index. Each Security has a $1,000 principal amount, an expected term of about 18 months, and matures around July 21, 2027.
At maturity, investors get enhanced upside: any positive basket return is multiplied by an upside gearing of 1.10, but total gain is capped at a maximum gain of 16.85%, or $1,168.50 per Security. A 10% buffer protects principal if the basket falls modestly, but if the final basket level drops below 90% of the initial basket level, losses match the decline beyond that buffer and investors can lose almost all principal. The notes pay no interest, carry UBS credit risk, have an estimated initial value between $945.50 and $975.50, and include underwriting compensation of up to $22.25 per Security.
UBS AG is issuing $13,953,000 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 January 13, 2028.
The notes pay a monthly contingent coupon at an annual rate of 11.50% ($9.5833 per $1,000) only if, on each observation date, all three indices close at or above their coupon barriers, set at 70% of their initial levels (which are also the downside thresholds). UBS may call the notes in whole, beginning after three months, paying principal plus any due coupon, with no further payments.
If the notes are not called and any index finishes below its downside threshold at maturity, investors receive $1,000 times one plus the return of the worst-performing index, which can result in substantial losses, including a total loss of principal. The notes are unsecured obligations of UBS, have an estimated initial value of $973.80 per $1,000, will not be listed on an exchange, and expose investors to issuer credit risk, equity market risk and limited liquidity.
UBS AG is offering 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 or about January 19, 2029. The Notes pay a contingent coupon at a rate of 10.90% per annum (about $9.0833 per $1,000 Note monthly) only if, on each observation date, all three indexes are at or above their coupon barriers, set at 70% of their initial levels.
UBS may call the Notes in whole on any monthly observation date beginning after three months; if called, holders receive $1,000 per Note plus any due coupon, and the Notes terminate. If not called and, at maturity, each index is at or above its downside threshold (also 70% of initial level), investors receive full principal; otherwise, repayment is reduced one‑for‑one with the negative return of the worst‑performing index, and principal may be lost in full.
The Notes are unsubordinated, unsecured obligations of UBS, not deposits, not FDIC insured, and will not be listed on an exchange. The estimated initial value is expected between $955.80 and $985.80 per $1,000 issue price, reflecting underwriting discounts and hedging and issuance costs.
UBS AG is offering unsecured 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 or about December 17, 2027. Investors receive a contingent coupon of 11.15% per annum (about $9.2917 per $1,000 note monthly) only when all three indices close at or above their coupon barriers, initially set at 70% of each index’s initial level. UBS may call the notes in whole on any monthly observation date beginning after three months, paying back principal plus any due coupon and ending further payments. If the notes are not called and any index finishes below its 70% downside threshold at maturity, the repayment is reduced one-for-one with the worst index’s loss, and all principal can be lost. The estimated initial value is expected between $955.60 and $985.60 per $1,000 note, and all payments depend on UBS’s credit; the notes will not be listed, and liquidity may be limited.
UBS AG is offering Trigger Callable Contingent Yield Notes linked to the worst performer of the Russell 2000 Index and the S&P 500 Index, maturing around January 17, 2031. Each Note has a $1,000 principal amount and pays a contingent coupon at a rate of 9.15% per annum (about $7.625 per month) only if, on each monthly observation date, both indices close at or above their coupon barriers set at 70% of their initial levels.
UBS may, at its discretion, call the Notes in whole on any observation date starting after three months, returning principal plus any due coupon, with no further payments. If the Notes are not called and, at maturity, both indices are at or above their 60% downside thresholds, investors receive full principal back (plus any final coupon if barriers are met).
If any index finishes below its downside threshold and the Notes have not been called, repayment is reduced in line with the negative return of the worst-performing index, and investors can lose up to 100% of principal. Payments depend on UBS’s credit; the Notes are unsecured, not insured, and may have limited or no secondary market. The estimated initial value is between $963.10 and $993.10 per Note, below the $1,000 issue price.
UBS AG is offering trigger callable contingent yield notes linked to the least performing of the Nasdaq-100, Russell 2000 and S&P 500 indices, each in $1,000 denominations and maturing around April 21, 2027. The notes pay a 10.40% per annum contingent coupon only when all three indices close at or above 70% of their initial level on a monthly observation date; otherwise no coupon is paid.
UBS can call the notes in whole, starting 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 at maturity, investors take a loss matching that index’s percentage decline, up to a total loss of principal. Payments depend on UBS’s credit, and the estimated initial value per note is expected between $962.30 and $992.30, below the $1,000 issue price.
UBS AG is offering 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 around December 21, 2027 with a term of about 23 months.
The Notes pay a contingent coupon at a rate of 10.80% per annum (about $9.00 per $1,000 Note per month) only if on each monthly observation date every index is at or above 70% of its initial level, which also serves as both the coupon barrier and downside threshold. UBS may call the Notes in whole on any observation date beginning after 6 months, returning principal plus any due coupon. If not called and at least one index finishes below its downside threshold, investors receive $1,000 multiplied by 1 plus the return of the worst-performing index, which can mean a large loss or total loss of principal. The Notes are unsecured obligations of UBS, not listed on any exchange, and their estimated initial value is expected to range from $956.50 to $986.50 per $1,000 issue price.
UBS AG is offering 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 or about January 26, 2029. The Notes pay a contingent monthly coupon at a rate of 9.20% per annum only if, on an observation date, the closing level of each index is at or above its coupon barrier, set at 60% of its initial level. If any index is below its coupon barrier on an observation date, no coupon is paid for that period.
UBS may call the Notes in whole, but not in part, on any monthly observation date starting after six months, paying the $1,000 principal per Note plus any due coupon, after which no further payments are made. If the Notes are not called and, at maturity, each index is at or above its downside threshold (also 60% of its initial level), investors receive full principal back. If any index finishes below its downside threshold, the maturity payment is reduced one-for-one with the negative return of the worst-performing index, and investors can lose all of their initial investment. The Notes are unsecured debt of UBS, will not be listed, and have an estimated initial value between $960.10 and $990.10 per $1,000 issue price, reflecting fees, hedging and UBS’ internal funding rate.