New Issue: UBS prices $100,000 buffered return optimization securities linked to energy fund

By Marisa Wong

Morgantown, W.Va., Dec. 21 – UBS AG, London Branch priced $100,000 of buffered return optimization securities due Dec. 29, 2016 linked to Energy Select Sector SPDR fund, according to a 424B2 filing with the Securities and Exchange Commission.

If fund closes at or above its initial price, the payout at maturity will be par plus two times any gain, capped at par plus 20.23%.

If the fund declines by up to 5%, the payout will be par. Investors will be exposed to any losses beyond 5%.

The agent is UBS Financial Services Inc. and UBS Investment Bank.

Issuer:	UBS AG, London Branch
Issue:	Buffered return optimization securities
Underlying fund:	Energy Select Sector SPDR fund
Amount:	$100,000
Maturity:	Dec. 29, 2016
Coupon:	0%
Price:	Par of $10
Payout at maturity:	Par plus two times fund return, capped at 20.23%; par if fund declines by up to 5%; exposure to losses beyond 5%
Initial share price:	$58.85
Pricing date:	Dec. 21
Settlement date:	Dec. 24
Agents:	UBS Financial Services Inc. and UBS Investment Bank
Fees:	1%
Cusip:	90275M415

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