DE000UL6EMM9 · UBS
10.00% p.a. Worst-of Express Certificate with Memory Coupon on Intesa Sanpaolo S.p.A., Enel S.p.A., Volkswagen AG VZ and AZIMUT HOLDING SPA
How to read this structure
On the coupon observation dates, the conditional payment requires every underlying to be at or above the published coupon barrier (0% of its initial level).
The next published autocall level is 85% of the initial levels. Automatic redemption depends on every underlying being at or above its applicable level on the observation date. Later levels and dates are listed in the calendar.
These conditions do not describe every feature of the final repayment. The official documents define the complete payoff, costs, issuer risk, and any exceptions.
Underlyings and levels
| Underlying | Strike | Capital barrier | Coupon barrier | Autocall |
|---|---|---|---|---|
| AzimutAZMT · EUR | 12.886 | 12.886100% | 00% | 10.953185% |
| Intesa SanpaoloISP · EUR | 1.5564 | 1.5564100% | 00% | 1.322985% |
| EnelENEL · EUR | 3.964 | 3.964100% | 00% | 3.369485% |
| VolkswagenVOW3 · EUR | 83.19 | 83.19100% | 00% | 70.711585% |
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Open in workspace ↗Observation calendars
Coupon observations · 20
| Observation | Level (% of strike) | Payment |
|---|---|---|
| Sep 19, 2023 | Not available | Sep 26, 2023 |
| Dec 19, 2023 | Not available | Dec 28, 2023 |
| Mar 19, 2024 | Not available | Mar 26, 2024 |
| Jun 19, 2024 | Not available | Jun 26, 2024 |
| Sep 19, 2024 | Not available | Sep 26, 2024 |
| Dec 19, 2024 | Not available | Dec 30, 2024 |
| Mar 19, 2025 | Not available | Mar 26, 2025 |
| Jun 19, 2025 | Not available | Jun 26, 2025 |
| Sep 19, 2025 | Not available | Sep 26, 2025 |
| Dec 19, 2025 | Not available | Dec 30, 2025 |
| Mar 19, 2026 | Not available | Mar 26, 2026 |
| Jun 19, 2026 | Not available | Jun 26, 2026 |
| Sep 21, 2026 | Not available | Sep 28, 2026 |
| Dec 21, 2026 | Not available | Dec 29, 2026 |
| Mar 19, 2027 | Not available | Mar 30, 2027 |
| Jun 21, 2027 | Not available | Jun 28, 2027 |
| Sep 20, 2027 | Not available | Sep 27, 2027 |
| Dec 20, 2027 | Not available | Dec 27, 2027 |
| Mar 20, 2028 | Not available | Mar 27, 2028 |
| Jun 19, 2028 | Not available | Jun 26, 2028 |
Autocall observations · 17
| Observation | Level (% of strike) | Payment |
|---|---|---|
| Mar 19, 2024 | 100% | Mar 26, 2024 |
| Jun 19, 2024 | 100% | Jun 26, 2024 |
| Sep 19, 2024 | 95% | Sep 26, 2024 |
| Dec 19, 2024 | 95% | Dec 30, 2024 |
| Mar 19, 2025 | 95% | Mar 26, 2025 |
| Jun 19, 2025 | 95% | Jun 26, 2025 |
| Sep 19, 2025 | 90% | Sep 26, 2025 |
| Dec 19, 2025 | 90% | Dec 30, 2025 |
| Mar 19, 2026 | 90% | Mar 26, 2026 |
| Jun 19, 2026 | 90% | Jun 26, 2026 |
| Sep 21, 2026 | 85% | Sep 28, 2026 |
| Dec 21, 2026 | 85% | Dec 29, 2026 |
| Mar 19, 2027 | 85% | Mar 30, 2027 |
| Jun 21, 2027 | 85% | Jun 28, 2027 |
| Sep 20, 2027 | 80% | Sep 27, 2027 |
| Dec 20, 2027 | 80% | Dec 27, 2027 |
| Mar 20, 2028 | 80% | Mar 27, 2028 |