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Published on 12/5/2014 in the Prospect News Structured Products Daily.

New Issue: UBS prices $14.86 million PLUS linked to Energy Select Sector SPDR fund

By Marisa Wong

Madison, Wis., Dec. 5 – UBS AG, London Branch priced $14.86 million of 0% Performance Leveraged Upside Securities due March 3, 2016 linked to the Energy Select Sector SPDR fund, according to an FWP filing with the Securities and Exchange Commission.

The payout at maturity will be par of $10 plus triple any fund gain, up to a maximum payment of $11.95 per note.

Investors will be exposed to any losses.

UBS Securities LLC is the agent with distribution through Morgan Stanley Wealth Management.

Issuer:UBS AG, London Branch
Issue:Performance Leveraged Upside Securities
Underlying fund:Energy Select Sector SPDR fund
Amount:$14,861,380
Maturity:March 3, 2016
Coupon:0%
Price:Par of $10
Payout at maturity:Par plus triple any fund gain, up to a maximum payment of $11.95 per note; exposure to any losses
Initial price:$79.82
Pricing date:Nov. 28
Settlement date:Dec. 3
Agent:UBS Securities LLC with Morgan Stanley Smith Barney LLC handling distribution
Fees:2.25%
Cusip:90274B758

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