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Published on 12/7/2015 in the Prospect News Structured Products Daily.

New Issue: UBS prices $8.41 million trigger return optimization securities on Euro Stoxx 50

New York, Dec. 7 – UBS AG, London Branch priced $8.41 million of trigger return optimization securities due Nov. 30, 2018 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 price, the payout at maturity will be par plus two times any gain in the index capped at par plus 55%.

If the index falls by up to 20%, the payout will be par. If the index finishes below the 80% trigger level, the payout will be par plus the index return, with full exposure to 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:$8,411,850
Maturity:Nov. 30, 2018
Coupon:0%
Price:Par of $10
Payout at maturity:Par plus two times any index gain, capped at par plus 55%; par if index falls by up to 20%; full exposure to losses if index finishes below 80% of initial level
Initial level:3,462.06
Trigger level:2,769.65, 80% of initial level
Pricing date:Nov. 25
Settlement date:Nov. 30
Underwriters:UBS Financial Services Inc. and UBS Investment Bank
Fees:2.5%
Cusip:90275G608

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