New Issue: UBS prices $4.8 million contingent return optimization securities on Euro Stoxx 50

By Jennifer Chiou

New York, Nov. 1 - UBS AG, London Branch priced $4,798,900 of 0% contingent return optimization securities due Oct. 31, 2014 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the final index level is greater than or equal to the trigger level, 75% of the initial index level, the payout at maturity will be par of $10 plus the greater of the 10% contingent return and the index return. The payout will be subject to a maximum return of 31.8%.

If the final index level is less than the trigger level, investors will be fully exposed to the index decline.

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

Issuer:	UBS AG, London Branch
Issue:	Contingent return optimization securities
Underlying index:	Euro Stoxx 50
Amount:	$4,798,900
Maturity:	Oct. 31, 2014
Coupon:	0%
Price:	Par of $10.00
Payout at maturity:	Par plus greater of 10% contingent return and index return if final index level is greater than or equal to the trigger level, capped at 31.8%; exposure to losses
Initial level:	2,478.84
Trigger level:	1,859.13, 75% of initial level
Pricing date:	Oct. 29
Settlement date:	Oct. 31
Agents:	UBS Financial Services Inc. and UBS Investment Bank
Fees:	2%
Cusip:	90269V595

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