New Issue: UBS prices $4.87 million 7.5% airbag autocallables linked to Facebook

By Angela McDaniels

Tacoma, Wash., Aug. 30 - UBS AG, London Branch priced $4.87 million of 7.5% airbag autocallable yield optimization notes due Aug. 29, 2014 linked to the common stock of Facebook, Inc., according to a 424B2 filing with the Securities and Exchange Commission.

Interest is payable monthly.

The notes will be called automatically at par if Facebook shares close at or above the initial share price on Nov. 26, 2013, Feb. 26, 2014, May 28, 2014 or Aug. 26, 2014.

The payout at maturity will be par unless the final share price is less than the conversion price, in which case the payout will be a number of Facebook shares equal to $1,000 divided by the conversion price. The conversion price is 80% of the initial share price.

UBS Financial Services Inc. UBS Investment Bank are the underwriters.

Issuer:	UBS AG, London Branch
Issue:	Airbag autocallable yield optimization notes
Underlying stock:	Facebook, Inc. (Symbol: FB)
Amount:	$4,872,000
Maturity:	Aug. 29, 2014
Coupon:	7.5%, payable monthly
Price:	Par
Payout at maturity:	If final share price is less than conversion price, number of Facebook shares equal to $1,000 divided by conversion price; otherwise, par
Call:	Automatically at par if Facebook shares close at or above initial share price on Nov. 26, 2013, Feb. 26, 2014, May 28, 2014 or Aug. 26, 2014
Initial share price:	$40.55
Conversion price:	$32.44, 80% of initial share price
Pricing date:	Aug. 28
Settlement date:	Aug. 30
Underwriters:	UBS Financial Services Inc. and UBS Investment Bank
Fees:	1.5%
Cusip:	90271M161

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