New Issue: UBS sells $100,000 trigger return optimization securities on Amazon.com

By Marisa Wong

Morgantown, W.Va., April 12 – UBS AG, London Branch priced $100,000 of trigger return optimization securities due April 15, 2021 linked to the common stock of Amazon.com, Inc., according to a 424B2 filing with the Securities and Exchange Commission.

If Amazon.com stock finishes above the initial price, the payout at maturity will be par plus 1.25 times the gain, capped at par plus 36.95%.

If the stock return is zero or negative but the stock finishes at or above the 80% trigger level, the payout will be par. Otherwise, investors will share in any losses.

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

Issuer:	UBS AG, London Branch
Issue:	Trigger return optimization securities
Underlying stock:	Amazon.com, Inc. (Nasdaq: AMZN)
Amount:	$100,000
Maturity:	April 15, 2021
Coupon:	0%
Price:	Par of $10
Payout at maturity:	Par plus 1.25 times any share price gain, capped at par plus 36.95%; par if stock finishes flat or falls by up to 20%; otherwise, exposure to any share price decline
Initial share price:	$1,843.06
Trigger price:	$1,474.45, 80% of initial share price
Pricing date:	April 12
Settlement date:	April 16
Underwriters:	UBS Financial Services Inc. and UBS Investment Bank
Fees:	2%
Cusip:	90287P778

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