New Issue: UBS prices $119,947 10.73% trigger yield optimization notes on eBay

By Susanna Moon

Chicago, Sept. 22 - UBS AG, London Branch priced $119,947 of 10.73% trigger yield optimization notes due Sept. 27, 2012 linked to eBay Inc. shares, according to a 424B2 filing with the Securities and Exchange Commission.

Interest is payable quarterly.

The face amount of each note is equal to the initial share price of eBay.

The payout at maturity will be par unless the final price of eBay stock is less than 70% of the initial share price, in which case investors will receive one eBay 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:	eBay Inc. (Nasdaq: EBAY)
Amount:	$119,947.12
Maturity:	Sept. 27, 2012
Coupon:	10.73%, payable quarterly
Price:	Par of $32.08
Payout at maturity:	Par unless final price is less than trigger price, in which case one eBay share per note
Initial share price:	$32.08
Trigger price:	$22.46, or 70% of initial share price
Pricing date:	Sept. 23
Settlement date:	Sept. 28
Underwriters:	UBS Financial Services Inc. and UBS Investment Bank
Fees:	2%
Cusip:	90268D521

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