New Issue: UBS prices $99,995 10.33% trigger yield optimization notes linked to Halliburton

By Susanna Moon

Chicago, Dec. 20 - UBS AG, London Branch priced $99,995 of 10.33% trigger yield optimization notes due Dec. 26, 2012 linked to Halliburton Co. shares, according to a 424B2 filing with the Securities and Exchange Commission.

Interest will be payable monthly.

The face amount of each note is equal to the initial price of Halliburton stock.

The payout at maturity will be par in cash unless the final price of Halliburton stock is less than 60% of the initial share price, in which case investors will receive one Halliburton share per note.

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

Issuer:	UBS AG, London Branch
Issue:	Trigger yield optimization notes
Underlying stock:	Halliburton Co. (NYSE: HAL)
Amount:	$99,995.31
Maturity:	Dec. 26, 2012
Coupon:	10.33%, payable monthly
Price:	Par of $33.21
Payout at maturity:	If final share price is less than trigger price, one Halliburton share; otherwise, par
Initial share price:	$33.21
Trigger price:	$19.93, 60% of initial price
Pricing date:	Dec. 20
Settlement date:	Dec. 23
Agents:	UBS Financial Services Inc. and UBS Investment Bank
Fees:	2%
Cusip:	90267V134

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.