New York, March 10 – UBS AG, London Branch priced $99,973.44 of 18.08% annualized trigger yield optimization notes due Sept. 15 linked to the common stock of Mosaic Co., according to a 424B2 filing with the Securities and Exchange Commission.
The face amount of each note is $33.06, which is equal to the initial share price of Mosaic stock.
Interest is payable monthly.
The payout at maturity will be par unless the final price of Mosaic stock is less than 75% of the initial share price, in which case investors will receive one Mosaic share per note.
UBS Financial Services Inc. and UBS Investment Bank are the underwriters.
| Issuer: | UBS AG, London Branch
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| Issue: | Trigger yield optimization notes
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| Underlying stock: | Mosaic Co. (NYSE: MOS)
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| Amount: | $99,973.44
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| Maturity: | Sept. 15
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| Coupon: | 18.08%, payable monthly
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| Price: | Par of $33.06
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| Payout at maturity: | If final share price is less than trigger price, one Mosaic share; otherwise, par
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| Initial share price: | $33.06
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| Trigger price: | $24.80, 75% of initial price
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| Pricing date: | March 10
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| Settlement date: | March 12
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| Underwriters: | UBS Financial Services Inc. and UBS Investment Bank
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| Fees: | 1%
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| Cusip: | 90285L787
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