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Published on 7/2/2014 in the Prospect News Structured Products Daily.

UBS plans to price one-year return notes linked to nine common stocks

By Susanna Moon

Chicago, July 2 – UBS AG, London Branch plans to price 0% return notes due July 22, 2015 linked to a basket of nine equally weighted common stocks, according to an FWP with the Securities and Exchange Commission.

The underlying companies are Cabot Oil & Gas Corp., Continental Resources, Inc., Dow Chemical Co., Halliburton Co., LyondellBasell Industries NV, National Oilwell Varco, Inc., Pioneer Natural Resources Co., Schlumberger Ltd. and Weatherford International Ltd.

The payout at maturity will be par plus the basket return multiplied by a basket adjustment factor of 99.9%.

UBS Investment Bank is the underwriter. JPMorgan Chase Bank, NA and J.P. Morgan Securities LLC are the placement agents.

The notes will price on July 3 and settle on July 9.

The Cusip number is 90270KCT4.


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