New Issue: UBS prices $1.49 million trigger autocallable securities on Euro Stoxx

By Jennifer Chiou

New York, Oct. 2 – UBS AG, London Branch priced $1,490,300 of 0% trigger autocallable optimization securities due Sept. 30, 2019 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index closes at or above the initial level on any quarterly observation date after one year, the notes will be called at par plus a call return of 8% per year.

If the notes are not called and the index finishes at or above the trigger level, 64% of the initial level, the payout at maturity will be par. Otherwise, investors will be exposed to the index decline from the initial level.

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

Issuer:	UBS AG, London Branch
Issue:	Trigger autocallable optimization securities
Underlying index:	Euro Stoxx 50
Amount:	$1,490,300
Maturity:	Sept. 30, 2019
Coupon:	0%
Price:	Par of $10.00
Payout at maturity:	If index finishes at or above trigger level, par; otherwise, investors will be exposed to index decline from initial level
Call:	At par plus 8% per year if index closes at or above initial level on any quarterly observation date beginning on Oct. 2, 2015
Initial level:	3,219.58
Trigger level:	2,060.53, 64% of initial level
Pricing date:	Sept. 26
Settlement date:	Sept. 30
Underwriters:	UBS Financial Services Inc. and UBS Investment Bank
Fees:	2.5%
Cusip:	90273L716

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