New Issue: UBS prices $2 million 12% trigger autocallables linked to Facebook

By Angela McDaniels

Tacoma, Wash., March 10 - UBS AG, London Branch priced $2 million of 12% trigger autocallable yield optimization securities due March 11, 2015 linked to the common stock of Facebook, Inc., according to a 424B2 filing with the Securities and Exchange Commission.

The face amount of each note is $70.84, which is equal to the initial price of Facebook stock.

Interest is payable monthly.

The notes will be called at par if Facebook shares close at or above the initial share price on any quarterly observation date.

If the notes are not called and Facebook shares finish at or above the trigger price, 63.25% of the initial share price, the payout at maturity will be par. Otherwise, the payout will be one share of Facebook per note.

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

Issuer:	UBS AG, London Branch
Issue:	Trigger autocallable yield optimization securities
Underlying stock:	Facebook, Inc. (Symbol: FB)
Amount:	$1,999,954.88
Maturity:	March 11, 2015
Coupon:	12%, payable monthly
Price:	Par of $70.84
Payout at maturity:	Par if Facebook shares finish at or above trigger price; otherwise, one Facebook share per note
Call:	Automatically at par if Facebook shares close at or above initial share price on June 6, 2014, Sept. 8, 2014, Dec. 8, 2014 or March 6, 2015
Initial share price:	$70.84
Trigger price:	$44.81, 63.25% of initial share price
Pricing date:	March 6
Settlement date:	March 11
Underwriters:	UBS Financial Services Inc. and UBS Investment Bank
Fees:	1%
Cusip:	90272V251

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