New Issue: UBS prices $11.24 million trigger PLUS linked to Euro Stoxx 50

By Marisa Wong

Madison, Wis., Dec. 31 – UBS AG, London Branch priced $11.24 million of 0% trigger Performance Leveraged Upside Securities due Jan. 4, 2017 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 of $10 plus double any index gain, up to a maximum return of 34%.

Investors will receive par if the index falls by 10% or less and will be fully exposed to any losses if the index finishes below the 90% trigger level.

UBS Securities LLC is the agent with distribution through Morgan Stanley Smith Barney LLC

Issuer:	UBS AG, London Branch
Issue:	Trigger Performance Leveraged Upside Securities
Underlying index:	Euro Stoxx 50
Amount:	$11,239,000
Maturity:	Jan. 4, 2017
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 200% of any index gain, capped at 34%; par if index falls by 10% or less; otherwise, full exposure to any losses
Initial index level:	3,185.17
Trigger level:	2,866.65, 90% of the initial level
Pricing date:	Dec. 29
Settlement date:	Jan. 2
Agent:	UBS Securities LLC with Morgan Stanley Smith Barney LLC
Fees:	2.5%
Cusip:	90274F452

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