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Published on 1/6/2014 in the Prospect News Structured Products Daily.

New Issue: UBS prices $285,000 12.01% three-month reverse convertibles linked to Green Mountain

By Susanna Moon

Chicago, Jan. 6 - UBS AG, London Branch priced $285,000 of 12.01% annualized reverse convertible notes due April 10, 2014 linked to Green Mountain Coffee Roasters, Inc. shares, according to a 424B2 filing with the Securities and Exchange Commission.

Interest is payable monthly.

The payout at maturity will be par in cash unless Green Mountain shares close below the trigger price, 72% of the initial share price, during the life of the notes and finish below the initial share price, in which case the payout will be a number of Green Mountain shares equal to $1,000 principal amount divided by the initial share price.

UBS Securities LLC and UBS Investment Bank are the underwriters.

Issuer:UBS AG, London Branch
Issue:Reverse convertible notes
Underlying stock:Green Mountain Coffee Roasters, Inc. (Symbol: GMCR)
Amount:$285,000
Maturity:April 10, 2014
Coupon:12.01%, payable monthly
Price:Par
Payout at maturity:Par in cash unless Green Mountain shares close below protection price during life of notes and finish below initial price, in which case 12.9955 Green Mountain shares
Initial share price:$76.95
Protection price:$55.40, or 72% of initial share price
Pricing date:Jan. 6
Settlement date:Jan. 9
Underwriters:UBS Securities LLC and UBS Investment Bank
Fees:1.8%
Cusip:90270KAT6

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