New Issue: UBS prices $499,998 17.11% trigger yield optimization notes linked to Best Buy

New York, Nov. 26 - UBS AG, London Branch priced $499,998.72 of 17.11% trigger yield optimization notes due Dec. 2, 2013 linked to the common stock of Best Buy Co., Inc., according to a 424B2 filing with the Securities and Exchange Commission.

The face amount of each note is $12.48, which is equal to the initial share price of Best Buy stock.

Interest is payable monthly.

The payout at maturity will be par unless the final price of Best Buy stock is less than 60% of the initial share price, in which case investors will receive one Best Buy 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:	Best Buy Co., Inc. (NYSE: BBY)
Amount:	$499,998.72
Maturity:	Dec. 2, 2013
Coupon:	17.11%, payable monthly
Price:	Par of $12.48
Payout at maturity:	If final share price is less than trigger price, one Best Buy share; otherwise, par
Initial share price:	$12.48
Trigger price:	$7.49, 60% of initial price
Pricing date:	Nov. 26
Settlement date:	Nov. 29
Underwriters:	UBS Financial Services Inc. and UBS Investment Bank
Fees:	2%
Cusip:	90270N806

© 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.