NEW YORK–(BUSINESS WIRE)–June 8, 2022–
UBS Investment Bank today announced coupon payments for 5 ETRACS Exchange Traded Notes (the “ETNs”), all traded on the NYSE Arca.
* The table above provides a hyperlink to the relevant prospectus and its supplements for each of our ETRACS ETNs, which are identified by name. For more information on each ETRACS ETN, see “List of ETNs”.
** “Current yield (annualized)” is equal to the current coupon amount and the two immediately preceding coupon amounts, multiplied by four (to annualize these coupons), divided by the current indicative closing value of the ETN on its date current coupon valuation rounded to two decimal places for ease of analysis. The current yield is not indicative of future coupon payments, if any, on the ETN. No coupon or distribution amount is guaranteed to you under the ETN.
Note: HDLB, SMHB and PFFL pay a variable monthly coupon linked to 2 times the cash distributions, if any, on the respective underlying index constituents, less withholding taxes, if any. CEFD and MVRL pay a variable monthly coupon linked to 1.5 times cash distributions, if any, on the respective Underlying Index Constituents, less withholding taxes, if any. Variations in the amount of the monthly distributions will result in significant variations in the current yield as calculated above. As such, the current yield of each is not indicative of future coupon payments, if any, on such ETNs.
About ETRACS
ETRACS ETNs are senior unsecured notes issued by UBS AG, trade on NYSE Arca and can be bought and sold through a broker or financial adviser. An investment in ETRACS ETNs is subject to a number of risks, including the risk of loss of all or part of the investor’s principal, and is subject to the creditworthiness of UBS AG. Investors are not assured of a coupon or distribution amount under theAND N. We invite you to read the more detailed explanation of the risks described under “Risk Factors” in the applicable Prospectus Supplement for the ETRACS ETN.
UBS AG has filed a registration statement (including a prospectus and its supplements) with the Securities and Exchange Commission, or SEC, for the offerings of securities to which this communication relates. Before investing, you should read the prospectus, together with the applicable prospectus supplement, to fully understand the terms of the securities and other important considerations in making a decision to invest in ETRACS. The applicable offering document for each ETRACS can be obtained by clicking on the name of each ETRACS identified above. You can also obtain these documents for free by visiting EDGAR on the SEC’s website at www.sec.gov. The securities linked to the offers are not deposits and are not insured or guaranteed by the Federal Deposit Insurance Corporation or any other governmental agency of the United States, Switzerland or any other jurisdiction.
About UBS
UBS provides advice and financial solutions to high net worth, institutional and corporate clients worldwide, as well as to private clients in Switzerland. UBS is the largest truly global wealth manager and one of Switzerland’s leading retail and business banks, with a broad-based, diversified global asset manager and focused investment bank. The bank focuses on businesses that have a strong competitive position in their target markets, are capital efficient, and have attractive long-term structural growth or profitability prospects.
UBS is present in all the major financial centers of the world. It has offices in more than 50 regions and sites, with approximately 30% of its employees working in the Americas, 30% in Switzerland, 19% in the rest of Europe, the Middle East and Africa and 21% in Asia Pacific. UBS Group AG employs more than 72,000 people worldwide. Its shares are listed on the SIX Swiss Exchange and the New York Stock Exchange (NYSE).
This document is published by UBS AG and/or one of its subsidiaries and/or one of its affiliates (“UBS”). The products and services mentioned herein may not be available to residents of certain jurisdictions. Past performance is not necessarily indicative of future results. Please see the restrictions for the product or service in question for more information. US securities business is conducted through UBS Securities LLC, a US broker/dealer. Member of SIPC ( http://www.sipc.org/ ).
ETRACS ETNs are sold only in conjunction with the relevant offering documents. UBS has filed a registration statement (including a prospectus, as supplemented by the applicable prospectus supplement, for the offering of the ETRACS ETNs) with the Securities and Exchange Commission (the “SEC”) for the offering to which this communication relates. Before investing, you should read these documents and any other documents that UBS has filed with the SEC for more complete information about UBS and the offering to which this communication relates. You can obtain these documents for free by visiting EDGAR on the SEC’s website at www.sec.gov. Alternatively, you may request the prospectus and applicable prospectus supplement by calling toll-free (+1-877-387 2275). In the United States, securities underwriting, trading and brokerage activities and M&A advisory activities are carried out by UBS Securities LLC, a registered broker/dealer which is a wholly-owned subsidiary of UBS AG, member of the New York Stock Exchange and other major stock exchanges, and member of the SIPC. UBS Financial Services Inc. is a registered broker and subsidiary of UBS Securities LLC.
The Financial Instrument is not sponsored, promoted, sold or endorsed in any way by Solactive AG and Solactive AG makes no express or implied warranties or assurances regarding the results of the use of the Index and/or or brand of the Index or the Price Index at any time or in any other respect.
The S-Network Composite Closed-End Fund Index is a service mark of S-Network Global Indexes, Inc. (“S-Network”) and its use is under license from S-Network. S-Network does not guarantee the accuracy and/or completeness of the S-Network Closed-End Fund Composite Index or any data included therein, and S-Network assumes no responsibility for any errors, omissions, interruption or defect. S-Network makes no warranties, express or implied, representations or promises, as to the results to be obtained by UBS AG, or any other person or entity, from the use of the S-Network Composite Closed-End Index Fund Index or any data included therein. . S-Network makes no warranties, representations or promises, express or implied, of originality, merchantability, fitness, non-infringement or fitness for a particular purpose or use with respect to the S-Network Composite Closed-End Fund Index or any data including. Without limiting the foregoing, S-Network shall in no event be liable for any direct, indirect, special, incidental, punitive, consequential or other damages (including loss of profits), even if advised of the possibility of such damage.
The ETRACS Monthly Pay 1.5x Leveraged Mortgage REIT ETN (“ETN”) is not sponsored, endorsed, sold or promoted by Market Vectors Index Solutions GmbH (“Licensor”) and Licensor makes no representations or warranties, express or implied, to the owners of the ETN or any member of the public regarding the advisability of investing in securities generally or the ETN in particular or the ability of the Market Vectors® US Mortgage REITs Index to track the performance of the US mortgage REIT market. The ETRACS Monthly Pay 1.5x Leveraged Mortgage REIT ETN (“ETN”) is not sponsored, endorsed, sold or promoted by Market Vectors Index Solutions GmbH (“Licensor”) and Licensor makes no representations or warranties, express or implied, to the owners of the ETN or any member of the public regarding the advisability of investing in securities generally or the ETN in particular or the ability of the Market Vectors® US Mortgage REITs Index to track the performance of the US mortgage REIT market.
UBS specifically prohibits redistribution or reproduction of this communication in whole or in part without the prior written permission of UBS and UBS disclaims any liability for the actions of third parties in this regard.
© UBS 2022. The key symbol, UBS and ETRACS are among the registered and unregistered trademarks of UBS. Other brands may be trademarks of their respective owners. All rights reserved.
1 Individual investors should ask their broker/advisor/custodian to call us or should call their broker/advisor/custodian.
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CONTACT: Media:
Alison Keunen
1 212 713 2296
alison.keunen@ubs.com
Contact institutional investors1
+1-877-387 2275
KEYWORD: NEW YORK UNITED STATES NORTH AMERICA
SECTOR KEYWORD: FINANCE BANKING ADVISORY PROFESSIONAL SERVICES OTHER PROFESSIONAL SERVICES
SOURCE: UBS
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PUB: 08/06/2022 12:30/DISC: 08/06/2022 12:32
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