New Issue: UBS prices $10.37 million trigger autocallables on Euro Stoxx 50

By Marisa Wong

Madison, Wis., Feb. 27 - UBS AG, London Branch priced $10.37 million of 0% trigger autocallable optimization securities due Feb. 28, 2018 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

Beginning Feb. 28, 2014, the notes will be automatically called at par plus a call return of 9% per year if the index closes at or above the initial level on any quarterly observation date.

If the notes are not called and the index finishes at or above the trigger level, 57% of the initial level, the payout at maturity will be par.

Otherwise, investors will be fully exposed to the index's decline from the initial level.

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

Issuer:	UBS AG, London Branch
Issue:	Trigger autocallable optimization securities
Underlying index:	Euro Stoxx 50
Amount:	$10,374,310
Maturity:	Feb. 28, 2018
Coupon:	0%
Price:	Par of $10
Payout at maturity:	If index finishes at or above trigger level, par; otherwise, full exposure to index's decline from initial level
Call:	Automatically at par plus a call return of 9% per year if index closes at or above initial level on any quarterly observation date beginning Feb. 28, 2014
Initial level:	2,570.52
Trigger level:	1,465.20, 57% of initial level
Pricing date:	Feb. 26
Settlement date:	Feb. 28
Underwriters:	UBS Financial Services Inc. and UBS Investment Bank
Fees:	2.5%
Cusip:	90271B553

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