New Issue: UBS prices $2.67 million contingent return optimization notes linked to Euro Stoxx 50

By Jennifer Chiou

New York, May 2 - UBS AG, London Branch priced $2,672,190 of 0% contingent return optimization securities due Oct. 30, 2015 linked 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 70% trigger level, the payout at maturity will be par plus the greater of the 12% contingent return and any index gain, up to a maximum return of 21%.

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

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:	$2,672,190
Maturity:	Oct. 30, 2015
Coupon:	0%
Price:	Par
Payout at maturity:	If index finishes at or above trigger level, par plus the greater of the 12% contingent return and any index gain, capped at 21%; otherwise, full exposure to losses
Initial level:	2,683.43
Trigger level:	1,878.40, 70% of initial level
Pricing date:	April 26
Settlement date:	April 30
Agents:	UBS Financial Services Inc. and UBS Investment Bank
Fees:	2.25%
Cusip:	90271B850

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