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Published on 7/30/2014 in the Prospect News Structured Products Daily.

New Issue: UBS prices $2.65 million PLUS due 2015 linked to basket of seven stocks

By Susanna Moon

Chicago, July 29 – UBS AG, London Branch priced $2.65 million of 0% Performance Leveraged Upside Securities due Jan. 29, 2015 linked to a basket of seven equally weighted stocks, according to a 424B2 filing with the Securities and Exchange Commission.

The underlying companies are Atwood Oceanics, Inc., Ensco plc, FMC Technologies, Inc., Helix Energy Solutions Group, Inc., Hornbeck Offshore Services, Inc., National Oilwell Varco, Inc. and Noble Corp.

The payout at maturity will be par plus double any gain in the basket, up to a maximum return of 9.3%.

Investors will share in any losses.

UBS Securities LLC is the agent, with distribution through Morgan Stanley Wealth Management.

Issuer:UBS AG, London Branch
Issue:Performance Leveraged Upside Securities
Underlying basket:Atwood Oceanics, Inc., Ensco plc, FMC Technologies, Inc., Helix Energy Solutions Group, Inc., Hornbeck Offshore Services, Inc., National Oilwell Varco, Inc. and Noble Corp., equally weighted
Amount:$2,651,250
Maturity:Jan. 29, 2015
Coupon:0%
Price:Par
Payout at maturity:Par plus 200% of any basket gain, capped at 9.3%; exposure to any losses
Pricing date:July 25
Settlement date:July 30
Agent:UBS Securities LLC
Dealer:Morgan Stanley Wealth Management
Fees:1.5%
Cusip:90273E605

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