UBS plans two-year trigger autocallable notes linked to index basket

By Susanna Moon

Chicago, May 22 – UBS AG, London Branch plans to price 0% trigger autocallable optimization securities due May 31, 2017 linked to a basket of indexes, according to an FWP filing with the Securities and Exchange Commission.

The basket consists of the Euro Stoxx 50 index with a 40% weight, the MSCI Emerging Markets index with a 20% weight, the Russell 2000 index with a 20% weight and the S&P 500 index with a 20% weight.

The notes will be called at par plus a call return of at least 6% per year if the basket closes at or above the initial level on any quarterly observation date.

The payout at maturity will be par unless the basket finishes below the 80% trigger level, in which case investors will be fully exposed to any losses.

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

The notes will price on May 27 and settle on May 29.

The Cusip number is 90274T536.

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