New Issue: UBS prices $10 million 0% notes linked to five Asian indexes

By Jennifer Chiou

New York, Jan. 25 - UBS AG priced a $10 million issue of 0% notes due Jan. 30, 2012 linked to a basket of five Asian indexes, according to a 424B2 filing with the Securities and Exchange Commission.

The basket includes the FTSE/Xinhua China 25 index with a 30% weight, the Korea Kospi 200 index with a 30% weight, the MSCI Malaysia index with a 20% weight, the MSCI Singapore index with a 10% weight and the MSCI Thailand index with a 10% weight.

If the final basket level is higher than the initial basket level, the payout at maturity will be par plus 139% of the basket return. Investors will share in any basket decline.

Issuer:	UBS AG
Issue:	Index-linked notes
Underlying indexes:	FTSE/Xinhua China 25 (30% weight), Korea Kospi 200 (30% weight), MSCI Malaysia (20% weight), MSCI Singapore (10% weight), MSCI Thailand (10% weight)
Amount:	$10 million
Maturity:	Jan. 30, 2012
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 139% of any positive basket return; investors will share in losses
Pricing date:	Jan. 23
Underwriters:	UBS Investment Bank, UBS Financial Services Inc.
Fees:	2%

© 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.