UBS plans contingent income autocallables linked to three indexes

By Marisa Wong

Madison, Wis., Jan. 6 - UBS AG, London Branch plans to price contingent income autocallable securities due Jan. 15, 2019 linked to the worst performing of the Euro Stoxx 50 index, the Russell 2000 index and the Topix index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes will pay a contingent quarterly coupon at an annual rate of .5% if each index closes at or above its 75% coupon barrier level on a determination date for that quarter.

The notes will be redeemed at par plus the contingent coupon if all of the indexes close at or above their respective initial levels on any of the first 19 quarterly redemption determination dates.

If the notes are not called, the payout at maturity will be par plus the final contingent coupon, if any, unless any index finishes below its 65% trigger level, in which case investors will be fully exposed to any losses of the worst performing index.

UBS Securities LLC is the agent. Morgan Stanley Smith Barney LLC will handle distribution.

The notes will price on Jan. 10 and settle on Jan. 15.

The Cusip number is 90271T281.

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