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Published on 10/7/2015 in the Prospect News Structured Products Daily.

New Issue: UBS prices $2.46 million trigger autocallables linked to Euro Stoxx

By Marisa Wong

Morgantown, W.Va., Oct. 7 – UBS AG, London Branch priced $2.46 million of 0% trigger autocallable optimization securities due Sept. 30, 2020 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes will be called at par of $10 plus a call return of 9% per year if the index closes at or above the initial level on any quarterly observation date after one year.

If the notes are not called and the index finishes at or above the trigger level, 63% of the initial index level, the payout at maturity will be par. Otherwise, investors will lose 1% for every 1% that the final index level is less than the initial level.

UBS Financial Services Inc. and UBS Investment Bank are the agents.

Issuer:UBS AG, London Branch
Issue:Trigger autocallable optimization securities
Underlying index:Euro Stoxx 50
Amount:$2,462,120
Maturity:Sept. 30, 2020
Coupon:0%
Price:Par of $10
Payout at maturity:If final index level is greater than or equal to trigger level, par; otherwise, full exposure to losses
Call option:Automatically at par plus 9% per year if index closes at or above initial level on any quarterly observation date after one year
Initial index level:3,039.44
Trigger level:1,914.85, 63% of initial level
Pricing date:Sept. 28
Settlement date:Sept. 30
Agents:UBS Financial Services Inc. and UBS Investment Bank
Fees:2.5%
Cusip:90275G285

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