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Published on 7/16/2013 in the Prospect News Structured Products Daily.

UBS to price trigger performance notes on WisdomTree Japan fund

By Toni Weeks

San Luis Obispo, Calif., July 16 - UBS AG, London Branch plans to price 0% trigger performance securities due July 31, 2018 linked to the WisdomTree Japan Hedged Equity fund, according to an FWP filing with the Securities and Exchange Commission.

If the fund return is positive, the payout at maturity will be par of $10 plus 102% of the fund return.

If the fund return is zero or negative and the final price is equal to or greater than the trigger price, the payout will be par. The trigger price is expected to be 75% to 80% of the initial price and will be determined at pricing.

If the final price is less than the trigger price, investors will be fully exposed to the decline in the fund from its initial price.

The notes (Cusip: 90271L403) are expected to price July 26 and settle July 31.

UBS Financial Services Inc. and UBS Investment Bank will act as agents.


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