UBS AG Amends Terms for $6.49M Contingent Yield Notes Offering
Summary
UBS AG finalized the terms for a $6.49 million offering of Trigger Callable Contingent Yield Notes, representing a significant capital raise with a high 11.85% annual contingent coupon rate.
Key Events
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Finalizes Terms for Contingent Yield Notes
UBS AG filed an amendment to its pricing supplement, establishing the final terms for its $6,493,000 offering of Trigger Callable Contingent Yield Notes. This amends and supersedes the prior pricing supplement dated January 28, 2026.
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Substantial Capital Raise
The offering of $6.49 million in notes is a significant capital raise, representing approximately 8.58% of the company's current market capitalization.
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High Contingent Coupon Rate
The notes feature a contingent coupon rate of 11.85% per annum, indicating a potentially higher cost of capital for UBS AG or a reflection of the structured product's risk profile.
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Market-Linked Debt Obligations
These unsubordinated, unsecured debt obligations are linked to the performance of the Nasdaq-100 Technology Sector Index, Russell 2000 Index, and S&P 500 Index, with potential for principal loss if any underlying asset falls below its downside threshold.
Analysis
UBS AG has filed an amendment to its pricing supplement, finalizing the terms for an offering of $6.49 million in Trigger Callable Contingent Yield Notes. This offering represents a substantial capital raise for the company, equivalent to over 8% of its stated market capitalization. The notes, which are unsubordinated and unsecured debt obligations, offer a high contingent coupon rate of 11.85% per annum, reflecting the inherent risks associated with these structured products. The notes are linked to the performance of the Nasdaq-100 Technology Sector Index, Russell 2000 Index, and S&P 500 Index, with potential for principal loss if the least performing index falls below its downside threshold. UBS AG retains the option to call the notes after three months.
At the time of this filing, NA was trading at $3.21 on NASDAQ in the Finance sector, with a market capitalization of approximately $75.7M. The 52-week trading range was $2.75 to $31.48. This filing was assessed with neutral market sentiment and an importance score of 8 out of 10.