By Susanna Moon
Chicago, Sept. 29 - UBS AG, London Branch priced $99,994 of 11.77% annualized trigger yield optimization notes due Jan. 3, 2012 linked to FedEx Corp. shares, according to a 424B2 filing with the Securities and Exchange Commission.
The face amount of each note is equal to the initial share price of FedEx.
Interest is payable monthly.
The payout at maturity will be par unless the final price of FedEx stock is less than 80% of the initial share price, in which case investors will receive one FedEx share per note.
UBS Financial Services Inc. and UBS Investment Bank are the underwriters.
| Issuer: | UBS AG, London Branch
|
| Issue: | Trigger yield optimization notes
|
| Underlying stock: | FedEx Corp. (NYSE: FDX)
|
| Amount: | $99,994
|
| Maturity: | Jan. 3, 2012
|
| Coupon: | 11.77%, payable monthly
|
| Price: | Par of $69.20
|
| Payout at maturity: | Par unless final price is less than trigger price, in which case one FedEx share per note
|
| Initial share price: | $69.20
|
| Trigger price: | $55.36, or 80% of initial share price
|
| Pricing date: | Sept. 28
|
| Settlement date: | Oct. 3
|
| Underwriters: | UBS Financial Services Inc. and UBS Investment Bank
|
| Fees: | 0.5%
|
| Cusip: | 90268D851
|
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