Notification of Potential Contingent Coupon event for UBS Autocallable Note linked to Standard and Poor’s 500 Index, Nikkei 225 Index, and EURO STOXX 50 Index (the "Notes")
UBS AG, as Issuer of the UBS Autocallable Note linked to the SPX, NKY and SX5E Indices (the "Notes"), hereby notifies holders of a potential Contingent Coupon event for the above Autocallable Note which will be observed on Observation Date Friday, 29 November 2024.
A Contingent Coupon event will be deemed to have occurred if the Calculation Agent determines that on the Observation Date the Index Closing Level of each of the Indices listed below, is equal to or greater than its respective Contingent Coupon Level.
If a Contingent Coupon Event occurs concerning an Observation Date, the Coupon Amount (6.25% / 6250 cents) will be paid in respect of each Note. If a Contingent Coupon Event is deemed to have not occurred, the Coupon Amount will not be payable in respect of such Coupon Payment Date.
Underlyings and Levels (on the Pricing Date):
Index
Initial Level
Contingent Coupon Level
Index Closing Level
85% of the Index Closing Level
SPX
5,277.51
4,485.88
NKY
38,487.90
32,714.72
SX5E
4,983.67
4,236.12
Important information relating to the Contingent Coupon event should a coupon payment be made:
Coupon:
6.25%
Coupon Amount:
6250 cents
Update announcement published on SENS by 08:30: Monday, 02 December 2024