By Marisa Wong
Madison, Wis., Sept. 6 - UBS AG, London Branch priced $99,980 of 12.39% trigger yield optimization securities due Sept. 11, 2012 linked to the common stock of Citigroup Inc., according to an FWP filing with the Securities and Exchange Commission.
The face amount of each note is equal to the initial stock price of Citigroup at pricing.
Interest is payable monthly.
The payout at maturity will be par unless the final price of Citigroup stock is less than 50% of the initial share price, in which case investors will receive one Citigroup share per note.
UBS Financial Services Inc. and UBS Investment Bank are the underwriters.
| Issuer: | UBS AG, London Branch
|
| Issue: | Trigger yield optimization securities
|
| Underlying stock: | Citigroup Inc. (NYSE: C)
|
| Amount: | $99,980.16
|
| Maturity: | Sept. 11, 2012
|
| Coupon: | 12.39%, payable monthly
|
| Price: | Par of $27.68
|
| Payout at maturity: | Par unless the final price is less than 50% of initial price, in which case one Citigroup share per note
|
| Initial price: | $27.68
|
| Trigger price: | $13.84, 50% of initial price
|
| Pricing date: | Sept. 6
|
| Settlement date: | Sept. 9
|
| Underwriters: | UBS Financial Services Inc. and UBS Investment Bank
|
| Fees: | 2%
|
| Cusip: | 90267H416
|
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