New Issue: UBS sells $99,994 trigger yield optimization notes on Credit Suisse

By Marisa Wong

Morgantown, W.Va., July 16 – UBS AG, London Branch priced $99,994 of 7.03% trigger yield optimization notes due July 5, 2019 linked to the common stock of Credit Suisse Group AG, according to a 424B2 filing with the Securities and Exchange Commission.

The face amount of each note is $14.88, which is equal to the initial share price of Credit Suisse stock.

Interest is payable monthly.

The payout at maturity will be par unless the final price of Credit Suisse stock is less than 80% of the initial share price, in which case investors will receive one Credit Suisse 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:	Credit Suisse Group AG (Symbol: CS)
Amount:	$99,993.60
Maturity:	July 5, 2019
Coupon:	7.03%, payable monthly
Price:	Par of $14.88
Payout at maturity:	If final share price is less than trigger price, one Credit Suisse share; otherwise, par
Initial share price:	$14.88
Trigger price:	$11.90, 80% of initial price
Pricing date:	June 29
Settlement date:	July 3
Underwriters:	UBS Financial Services Inc. and UBS Investment Bank
Fees:	1.99%
Cusip:	90284N248

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