By Susanna Moon
Chicago, Dec. 11 - UBS AG priced $5 million of principal protection notes due Dec. 14, 2016 linked to the UBS Bloomberg Constant Maturity Commodity Index Excess Return, according to a 424B2 filing with the Securities and Exchange Commission.
The coupon is 2%, payable semiannually.
The payout at maturity will be par plus any gain on the index, up to a maximum return of 35%.
Investors will receive at least par.
UBS Financial Services Inc. and UBS Investment Bank are the underwriters.
Issuer: | UBS AG
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Issue: | Principal protection notes
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Underlying index: | UBS Bloomberg Constant Maturity Commodity Index Excess Return
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Amount: | $5 million
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Maturity: | Dec. 14, 2016
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Coupon: | 2%, payable semiannually
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Price: | Par
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Payout at maturity: | Par plus any index gain, capped at 35%; floor of par
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Pricing date: | Dec. 9
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Settlement date: | Dec. 14
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Underwriters: | UBS Financial Services Inc., UBS Investment Bank
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Fees: | 3.5%
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