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Published on 5/9/2017 in the Prospect News Structured Products Daily.

New Issue: UBS prices $117,000 return optimization securities linked to Micron Technology

New York, May 9 – UBS AG, London Branch priced $117,000 of return optimization securities due May 16, 2018 linked to the common stock of Micron Technology, Inc., according to a 424B2 filing with the Securities and Exchange Commission.

If Micron Technology stock closes at or above the initial price, the payout at maturity will be par plus two times any gain in common stock of Micron Technology capped at 36.48%.

Investors will share in any losses.

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

Issuer:UBS AG, London Branch
Issue:Return optimization securities
Underlying stock:Micron Technology, Inc. (Nasdaq: MU)
Amount:$117,000
Maturity:May 16, 2018
Coupon:0%
Price:Par of $10
Payout at maturity:Par plus two times any gain in common stock of Micron Technology, capped at 36.48%; otherwise, exposure to any losses
Initial share price:$28.81
Pricing date:May 9
Settlement date:May 12
Underwriters:UBS Financial Services Inc. and UBS Investment Bank
Fees:2%
Cusip:90277G879

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