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Published on 8/1/2014 in the Prospect News Structured Products Daily.

New Issue: UBS prices $10.42 million contingent absolute return notes linked to Euro Stoxx 50

By Susanna Moon

Chicago, Aug. 1 – UBS AG, London Branch priced $10.42 million of 0% contingent absolute return performance securities due July 31, 2019 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index finishes above the initial level, payout at maturity will be par plus 1.52 times the gain.

If the index falls but finishes at or above the 75% trigger level, the payout will be par plus the absolute value of the return.

Otherwise, investors will be fully exposed to any losses.

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

Issuer:UBS AG, London Branch
Issue:Contingent absolute return performance securities
Underlying index:Euro Stoxx 50
Amount:$10,423,200
Maturity:July 31, 2019
Coupon:0%
Price:Par of $10.00
Payout at maturity:If index gains, par plus 152% of return; if index falls by up to trigger level, par plus absolute value of return; otherwise, full exposure to any losses
Initial level:3,190.54
Trigger level:2,392.91, or 75% of initial level
Pricing date:July 29
Settlement date:July 31
Agents:UBS Financial Services Inc. and UBS Investment Bank
Fees:3.5%
Cusip:90273E415

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