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Published on 11/1/2012 in the Prospect News Structured Products Daily.

New Issue: UBS prices $6.06 million trigger performance notes linked to Euro Stoxx

By Susanna Moon

Chicago, Nov. 1 - UBS AG, London Branch priced $6.06 million of 0% trigger performance securities due Oct. 30, 2015 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus 140.77% of any gain in the index.

Investors will receive par if the index falls by up to 35% and will be fully exposed to any losses if the index falls below the 65% trigger level.

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

Issuer:UBS AG, London Branch
Issue:Trigger performance securities
Underlying index:Euro Stoxx 50 index
Amount:$6,062,500
Maturity:Oct. 30, 2015
Coupon:0%
Price:Par of $10
Payout at maturity:Par plus 140.77% of any index gain; par for losses up to 35%; fully exposure to losses if index drops below trigger level
Initial level:2,478.8
Trigger level:65% of initial level
Pricing date:Oct. 29
Settlement date:Oct. 31
Agents:UBS Financial Services Inc. and UBS Investment Bank
Fees:2.5%
Cusip:90269V645

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