By Susanna Moon
Chicago, Sept. 28 - UBS AG, London Branch priced $99,958 of 11.45% trigger yield optimization notes due Oct. 3, 2012 linked to Baker Hughes Inc. shares, according to a 424B2 filing with the Securities and Exchange Commission.
Interest is payable monthly.
The face amount of each note is equal to the initial share price of Baker Hughes.
The payout at maturity will be par unless the final price of Baker Hughes stock is less than 60% of the initial share price, in which case investors will receive one Baker Hughes share per note.
UBS Financial Services Inc. and UBS Investment Bank are the underwriters.
| Issuer: | UBS AG, London Branch
|
| Issue: | Trigger yield optimization notes
|
| Underlying stock: | Baker Hughes Inc. (NYSE: BHI)
|
| Amount: | $99,958
|
| Maturity: | Oct. 3, 2012
|
| Coupon: | 11.45%, payable monthly
|
| Price: | Par of $48.76
|
| Payout at maturity: | Par unless final price is less than trigger price, in which case one Baker Hughes share per note
|
| Initial share price: | $48.76
|
| Trigger price: | $29.26, or 60% of initial share price
|
| Pricing date: | Sept. 28
|
| Settlement date: | Oct. 3
|
| Underwriters: | UBS Financial Services Inc. and UBS Investment Bank
|
| Fees: | 1.1%
|
| Cusip: | 90268F120
|
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