New Issue: UBS prices $4.59 million trigger performance notes linked to Euro Stoxx

By Toni Weeks

San Luis Obispo, Calif., March 28 - UBS AG, London Branch priced $4.59 million of 0% trigger performance securities due March 31, 2023 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus 290.5% of any gain in the index.

Investors will receive par if the index falls by up to 50% and will be fully exposed to any losses if the index falls below the 50% trigger level.

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

Issuer:	UBS AG, London Branch
Issue:	Trigger performance securities
Underlying index:	Euro Stoxx 50 index
Amount:	$4,585,500
Maturity:	March 31, 2023
Coupon:	0%
Price:	Par of $10
Payout at maturity:	Par plus 290.5% of any index gain; par for losses up to 50%; full exposure to losses if index drops below trigger level
Initial level:	2,641.12
Trigger level:	1,320.56, 50% of initial level
Pricing date:	March 26
Settlement date:	March 28
Agents:	UBS Financial Services Inc. and UBS Investment Bank
Fees:	5%
Cusip:	90271B694

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