New Issue: UBS prices $28.68 million market plus notes due tied to Euro Stoxx 50

By Toni Weeks

San Diego, Oct. 2 - UBS AG, London Branch priced $28.68 million of 0% market plus notes due April 2, 2014 tied to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index finishes at or above the barrier level - 80% of the initial level - investors will receive par plus the greater of the index return and the 6.8% contingent minimum return.

Otherwise, investors will be exposed to any losses from the initial index level.

UBS Investment Bank is the underwriter. JPMorgan Chase Bank, NA and J.P. Morgan Securities LLC are the dealers.

Issuer:	UBS AG, London Branch
Issue:	Market plus notes
Underlying ETF:	Euro Stoxx 50
Amount:	$28.68 million
Maturity:	April 2, 2014
Coupon:	0%
Price:	Par
Payout at maturity:	If index finishes at or above the 80% barrier level, par plus greater of index return and 6.8% contingent minimum return; otherwise, full exposure to losses
Initial level:	2,454.26
Pricing date:	Sept. 28
Settlement date:	Oct. 3
Underwriter:	UBS Investment Bank
Dealers:	JPMorgan Chase Bank, NA and J.P. Morgan Securities LLC
Fees:	1.25%
Cusip:	902674LS7

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.