New Issue: UBS prices $105,000 trigger return optimization notes on Wynn Resorts

By Marisa Wong

Morgantown, W.Va., March 13 – UBS AG, London Branch priced $105,000 of trigger return optimization securities due March 19, 2018 linked to the common stock of Wynn Resorts, Ltd., according to a 424B2 filing with the Securities and Exchange Commission.

If the stock return is positive, the payout at maturity will be par plus two times the gain, capped at 21.08%.

If the stock return is zero or negative but the stock finishes at or above the 75% trigger level, the payout will be par. Otherwise, investors will share in any losses.

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

Issuer:	UBS AG, London Branch
Issue:	Trigger return optimization securities
Underlying stock:	Wynn Resorts, Ltd. (Nasdaq: WYNN)
Amount:	$105,000
Maturity:	March 19, 2018
Coupon:	0%
Price:	Par of $10
Payout at maturity:	Par plus two times any gain in common stock of Wynn Resorts, capped at 21.08%; par if stock falls by up to 25%; otherwise, exposure to any losses
Initial share price:	$99.55
Trigger price:	$74.66, 75% of initial price
Pricing date:	March 10
Settlement date:	March 15
Underwriters:	UBS Financial Services Inc. and UBS Investment Bank
Fees:	2%
Cusip:	90277R768

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