By Jennifer Chiou
New York, Sept. 21 - UBS AG, London Branch priced $103,987 of 10.87% trigger yield optimization notes due Sept. 26, 2012 linked to the common stock of Ford Motor Co., according to a 424B2 filing with the Securities and Exchange Commission.
Interest is payable monthly.
The face amount of each note is equal to the initial share price of Ford.
The payout at maturity will be par unless the final price of Ford stock is less than 70% of the initial share price, in which case investors will receive one Ford 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: | Ford Motor Co. (Symbol: F)
|
| Amount: | $103,987.10
|
| Maturity: | Sept. 26, 2012
|
| Coupon: | 10.87%, payable monthly
|
| Price: | Par of $9.97
|
| Payout at maturity: | Par unless final price is less than trigger price, in which case one Ford share per note
|
| Initial share price: | $9.97
|
| Trigger price: | $6.98, 70% of initial share price
|
| Pricing date: | Sept. 21
|
| Settlement date: | Sept. 26
|
| Underwriters: | UBS Financial Services Inc. and UBS Investment Bank
|
| Fees: | 2%
|
| Cusip: | 90268D174
|
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