By Angela McDaniels
Tacoma, Wash., June 29 - UBS AG, London Branch priced $604,530 principal amount of 0% performance allocation securities due June 30, 2015 linked to the best performing among three global equity portfolios, according to a 424B2 filing with the Securities and Exchange Commission.
The notes priced at 103.5 for proceeds of $625,688.55.
Portfolio 1 is allocated most heavily to U.S. large-cap equities, represented by the S&P 500 index. Portfolio 2 is allocated most heavily to U.S. mid-cap equities, represented by the S&P MidCap 400 index. Portfolio 3 is allocated most heavily to U.S. small-cap equities, represented by the Russell 2000 index.
Specifically, portfolio 1 is allocated 85% to the S&P 500, 7.5% to the S&P MidCap 400 and 7.5% to the Russell 2000.
Portfolio 2 is allocated 85% to the S&P MidCap 400, 7.5% to the S&P 500 and 7.5% to the Russell 2000.
Portfolio 3 is allocated 85% to the Russell 2000, 7.5% to the S&P 500 and 7.5% to the S&P MidCap 400.
The payout at maturity will be par of $10 plus the return of the best-performing portfolio. The return could be positive or negative.
UBS Financial Services Inc. and UBS Investment Bank are the underwriters.
| Issuer: | UBS AG, London Branch
|
| Issue: | Performance allocation securities linked to best performing among three global equity portfolios
|
| Portfolio 1: | S&P 500 index (85% weight), S&P MidCap 400 index (7.5% weight) and Russell 2000 index (7.5% weight)
|
| Portfolio 2: | S&P 500 (7.5% weight), S&P MidCap 400 (85% weight) and Russell 2000 (7.5% weight)
|
| Portfolio 3: | S&P 500 (7.5% weigh), S&P MidCap 400 (7.5% weight) and Russell 2000 (85% weight)
|
| Amount: | $604,530
|
| Proceeds: | $625,688.55
|
| Maturity: | June 30, 2015
|
| Coupon: | 0%
|
| Price: | 103.5
|
| Payout at maturity: | Par of $10 plus return of best-performing portfolio
|
| Initial levels: | 1,076.67 for S&P 500; 745.27 for S&P MidCap 400; 645.11 for Russell 2000
|
| Pricing date: | June 25
|
| Settlement date: | June 30
|
| Underwriters: | UBS Financial Services Inc. and UBS Investment Bank
|
| Fees: | 3.5%
|
| Cusip: | 90267C466
|
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