New Issue: UBS prices $1.2 million return optimization securities on SPDR S&P Homebuilders

By Marisa Wong

Madison, Wis., June 27 - UBS AG, London Branch priced $1.2 million of 0% return optimization securities due Dec. 31, 2014 linked to the SPDR S&P Homebuilders exchange-traded fund, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par of $10 plus triple any gain in the fund price, up to a maximum return of 26.5%. Investors will be fully exposed to losses.

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

Issuer:	UBS AG, London Branch
Issue:	Return optimization securities
Underlying fund:	SPDR S&P Homebuilders exchange-traded fund
Amount:	$1,197,000
Maturity:	Dec. 31, 2014
Coupon:	0%
Price:	Par of $10
Payout at maturity:	Par plus triple any fund gain, capped at 26.5%; full exposure to losses
Initial level:	$28.83
Pricing date:	June 25
Settlement date:	June 28
Agents:	UBS Financial Services Inc. and UBS Investment Bank
Fees:	2%
Cusip:	90271C635

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