By Marisa Wong
Madison, Wis., Sept. 27 - UBS AG, London Branch priced $149,981 of 13% annualized trigger yield optimization notes due March 30, 2012 linked to Caterpillar Inc. shares, according to a 424B2 filing with the Securities and Exchange Commission.
Interest is payable monthly.
The face amount of each note is equal to the initial price of Caterpillar stock.
The payout at maturity will be par unless the final price of Caterpillar stock is less than 70% of the initial share price, in which case investors will receive one Caterpillar share per note.
UBS Financial Services Inc. and UBS Investment Bank are the underwriters.
| Issuer: | UBS AG, London Branch
|
| Issue: | Trigger yield optimization notes
|
| Underlying stock: | Caterpillar Inc. (Symbol: CAT)
|
| Amount: | $149,980.77
|
| Maturity: | March 30, 2012
|
| Coupon: | 13% per year, payable monthly
|
| Price: | Par of $77.67
|
| Payout at maturity: | Par unless final price is less than trigger price, in which case one Caterpillar share per note
|
| Initial share price: | $77.67
|
| Trigger price: | $54.37, 70% of initial share price
|
| Pricing date: | Sept. 27
|
| Settlement date: | Sept. 30
|
| Underwriters: | UBS Financial Services Inc. and UBS Investment Bank
|
| Fees: | 1%
|
| Cusip: | 90268D737
|
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