New Issue: UBS prices $3.93 million contingent absolute return notes linked to Euro Stoxx 50

By Angela McDaniels

Tacoma, Wash., Oct. 31 – UBS AG, London Branch priced $3.93 million of 0% contingent absolute return performance securities due Oct. 31, 2019 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index return is positive, the payout at maturity will be par of $10 plus 150% of the index return.

If the index return is zero or negative and the final index level is greater than or equal to the trigger level, 70% of the initial index level, the payout will be par plus the absolute value of the index return.

If the final index level is less than the trigger level, investors will be fully exposed to the index’s decline from its initial level.

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

Issuer:	UBS AG, London Branch
Issue:	Contingent absolute return performance securities
Underlying index:	Euro Stoxx 50
Amount:	$3,931,310
Maturity:	Oct. 31, 2019
Coupon:	0%
Price:	Par of $10
Payout at maturity:	If index return is positive, par plus 150% of index return; if index return is zero or negative and final index level is greater than or equal to trigger level, par plus absolute value of index return; if final index level is less than trigger level, full exposure to index’s decline from initial level
Initial index level:	3,022.42
Trigger level:	2,155.69, 70% of initial level
Pricing date:	Oct. 29
Settlement date:	Oct. 31
Agents:	UBS Financial Services Inc. and UBS Investment Bank
Fees:	3.5%
Cusip:	90274B188

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