New Issue: UBS prices $16.61 million trigger return optimization securities on Euro Stoxx 50

By Jennifer Chiou

New York, March 31 – UBS AG, London Branch priced $16,606,300 of 0% trigger return optimization securities due March 29, 2018 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 two times any index gain, up to a maximum return of 46.48%.

If the index finishes at or above the 75% trigger level, the payout will be par.

Otherwise, investors will be fully exposed to any losses.

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

Issuer:	UBS AG, London Branch
Issue:	Trigger return optimization securities
Underlying index:	Euro Stoxx 50
Amount:	$16,606,300
Maturity:	March 29, 2018
Coupon:	0%
Price:	Par of $10
Payout at maturity:	Par plus two times any index gain, up to a maximum return of 46.48%; if index finishes at or above trigger level, par; otherwise, investors will be fully exposed to any losses
Initial index level:	3,679.03
Trigger level:	2,759.27, 75% of initial level
Pricing date:	March 27
Settlement date:	March 31
Underwriters:	UBS Financial Services Inc. and UBS Investment Bank
Fees:	2.5%
Cusip:	90274P369

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