DE000WB3TBD6 · UBS
Worst-of Express Certificate with Memory Coupon on worst of S.p.A, Saipem S.p.A., Leonardo SpA and BPER Banca S.p.A.
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 100% 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 |
|---|---|---|---|---|
| Banca Popolare dell'Emilia RomagnaBPE · EUR | Not available | Not available | Not available | Not available |
| LeonardoLDO · EUR | Not available | Not available | Not available | Not available |
| SaipemSPM · EUR | Not available | Not available | Not available | Not available |
| UniCreditUCG · EUR | Not available | Not available | Not available | Not available |
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Open in workspace ↗Observation calendars
Coupon observations · 60
| Observation | Level (% of strike) | Payment |
|---|---|---|
| Nov 9, 2026 | Not available | Nov 16, 2026 |
| Dec 8, 2026 | Not available | Dec 15, 2026 |
| Jan 8, 2027 | Not available | Jan 15, 2027 |
| Feb 8, 2027 | Not available | Feb 15, 2027 |
| Mar 8, 2027 | Not available | Mar 15, 2027 |
| Apr 8, 2027 | Not available | Apr 15, 2027 |
| May 10, 2027 | Not available | May 17, 2027 |
| Jun 8, 2027 | Not available | Jun 15, 2027 |
| Jul 8, 2027 | Not available | Jul 15, 2027 |
| Aug 9, 2027 | Not available | Aug 16, 2027 |
| Sep 8, 2027 | Not available | Sep 15, 2027 |
| Oct 8, 2027 | Not available | Oct 15, 2027 |
| Nov 8, 2027 | Not available | Nov 15, 2027 |
| Dec 8, 2027 | Not available | Dec 15, 2027 |
| Jan 10, 2028 | Not available | Jan 17, 2028 |
| Feb 8, 2028 | Not available | Feb 15, 2028 |
| Mar 8, 2028 | Not available | Mar 15, 2028 |
| Apr 10, 2028 | Not available | Apr 19, 2028 |
| May 8, 2028 | Not available | May 15, 2028 |
| Jun 8, 2028 | Not available | Jun 15, 2028 |
| Jul 10, 2028 | Not available | Jul 17, 2028 |
| Aug 8, 2028 | Not available | Aug 15, 2028 |
| Sep 8, 2028 | Not available | Sep 15, 2028 |
| Oct 9, 2028 | Not available | Oct 16, 2028 |
| Nov 8, 2028 | Not available | Nov 15, 2028 |
| Dec 8, 2028 | Not available | Dec 15, 2028 |
| Jan 8, 2029 | Not available | Jan 15, 2029 |
| Feb 8, 2029 | Not available | Feb 15, 2029 |
| Mar 8, 2029 | Not available | Mar 15, 2029 |
| Apr 9, 2029 | Not available | Apr 16, 2029 |
| May 8, 2029 | Not available | May 15, 2029 |
| Jun 8, 2029 | Not available | Jun 15, 2029 |
| Jul 9, 2029 | Not available | Jul 16, 2029 |
| Aug 8, 2029 | Not available | Aug 15, 2029 |
| Sep 10, 2029 | Not available | Sep 17, 2029 |
| Oct 8, 2029 | Not available | Oct 15, 2029 |
| Nov 8, 2029 | Not available | Nov 15, 2029 |
| Dec 10, 2029 | Not available | Dec 17, 2029 |
| Jan 8, 2030 | Not available | Jan 15, 2030 |
| Feb 8, 2030 | Not available | Feb 15, 2030 |
| Mar 8, 2030 | Not available | Mar 15, 2030 |
| Apr 8, 2030 | Not available | Apr 15, 2030 |
| May 8, 2030 | Not available | May 15, 2030 |
| Jun 10, 2030 | Not available | Jun 17, 2030 |
| Jul 8, 2030 | Not available | Jul 15, 2030 |
| Aug 8, 2030 | Not available | Aug 15, 2030 |
| Sep 9, 2030 | Not available | Sep 16, 2030 |
| Oct 8, 2030 | Not available | Oct 15, 2030 |
| Nov 8, 2030 | Not available | Nov 15, 2030 |
| Dec 9, 2030 | Not available | Dec 16, 2030 |
| Jan 8, 2031 | Not available | Jan 15, 2031 |
| Feb 10, 2031 | Not available | Feb 17, 2031 |
| Mar 10, 2031 | Not available | Mar 17, 2031 |
| Apr 8, 2031 | Not available | Apr 17, 2031 |
| May 8, 2031 | Not available | May 15, 2031 |
| Jun 9, 2031 | Not available | Jun 16, 2031 |
| Jul 8, 2031 | Not available | Jul 15, 2031 |
| Aug 8, 2031 | Not available | Aug 15, 2031 |
| Sep 8, 2031 | Not available | Sep 15, 2031 |
| Oct 8, 2031 | Not available | Oct 15, 2031 |
Autocall observations · 54
| Observation | Level (% of strike) | Payment |
|---|---|---|
| Apr 8, 2027 | 100% | Not available |
| May 10, 2027 | 99% | Not available |
| Jun 8, 2027 | 98% | Not available |
| Jul 8, 2027 | 97% | Not available |
| Aug 9, 2027 | 96% | Not available |
| Sep 8, 2027 | 95% | Not available |
| Oct 8, 2027 | 94% | Not available |
| Nov 8, 2027 | 93% | Not available |
| Dec 8, 2027 | 92% | Not available |
| Jan 10, 2028 | 91% | Not available |
| Feb 8, 2028 | 90% | Not available |
| Mar 8, 2028 | 89% | Not available |
| Apr 10, 2028 | 88% | Not available |
| May 8, 2028 | 87% | Not available |
| Jun 8, 2028 | 86% | Not available |
| Jul 10, 2028 | 85% | Not available |
| Aug 8, 2028 | 84% | Not available |
| Sep 8, 2028 | 83% | Not available |
| Oct 9, 2028 | 82% | Not available |
| Nov 8, 2028 | 81% | Not available |
| Dec 8, 2028 | 80% | Not available |
| Jan 8, 2029 | 79% | Not available |
| Feb 8, 2029 | 78% | Not available |
| Mar 8, 2029 | 77% | Not available |
| Apr 9, 2029 | 76% | Not available |
| May 8, 2029 | 75% | Not available |
| Jun 8, 2029 | 74% | Not available |
| Jul 9, 2029 | 73% | Not available |
| Aug 8, 2029 | 72% | Not available |
| Sep 10, 2029 | 71% | Not available |
| Oct 8, 2029 | 70% | Not available |
| Nov 8, 2029 | 69% | Not available |
| Dec 10, 2029 | 68% | Not available |
| Jan 8, 2030 | 67% | Not available |
| Feb 8, 2030 | 66% | Not available |
| Mar 8, 2030 | 65% | Not available |
| Apr 8, 2030 | 64% | Not available |
| May 8, 2030 | 63% | Not available |
| Jun 10, 2030 | 62% | Not available |
| Jul 8, 2030 | 61% | Not available |
| Aug 8, 2030 | 60% | Not available |
| Sep 9, 2030 | 59% | Not available |
| Oct 8, 2030 | 58% | Not available |
| Nov 8, 2030 | 57% | Not available |
| Dec 9, 2030 | 56% | Not available |
| Jan 8, 2031 | 55% | Not available |
| Feb 10, 2031 | 54% | Not available |
| Mar 10, 2031 | 53% | Not available |
| Apr 8, 2031 | 52% | Not available |
| May 8, 2031 | 51% | Not available |
| Jun 9, 2031 | 50% | Not available |
| Jul 8, 2031 | 49% | Not available |
| Aug 8, 2031 | 48% | Not available |
| Sep 8, 2031 | 47% | Not available |