New Issue: UBS prices $400,000 airbag yield optimization notes tied to Synchrony

New York, June 16 – UBS AG, London Branch priced $400,000 of 5.79% airbag yield optimization notes due June 21, 2018 linked to the common stock of Synchrony Financial, according to a 424B2 filing with the Securities and Exchange Commission.

Interest is payable monthly.

The payout at maturity will be par unless the final share price is less than the conversion price, in which case the payout will be a number of Synchrony shares equal to $1,000 divided by the conversion price. The conversion price is 88.5% of the initial share price.

UBS Financial Services Inc. and UBS Investment Bank is the agent.

Issuer:	UBS AG, London Branch
Issue:	Airbag yield optimization notes
Underlying stock:	Synchrony Financial (NYSE: SYF)
Amount:	$400,000
Maturity:	June 21, 2018
Coupon:	5.79%, payable monthly
Price:	Par
Payout at maturity:	If final share price is less than conversion price, number of Synchrony shares equal to $1,000 divided by conversion price; otherwise, par
Initial share price:	$29.33
Conversion price:	$25.96, 88.5% of initial price
Pricing date:	June 16
Settlement date:	June 21
Underwriters:	UBS Financial Services Inc. and UBS Investment Bank
Fees:	2%
Cusip:	90278F714

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