New Issue: UBS sells $250,000 trigger return optimization securities on Ford

By Marisa Wong

Morgantown, W.Va., Aug. 13 – UBS AG, London Branch priced $250,000 of trigger return optimization securities due Aug. 13, 2020 linked to the common stock of Ford Motor Co., according to a 424B2 filing with the Securities and Exchange Commission.

If Ford stock finishes above the initial price, the payout at maturity will be par plus 2.5 times the gain, capped at par plus 41.67%.

If the stock return is zero or negative but the stock finishes at or above the 70% trigger level, the payout will be par. Otherwise, investors will share in any losses.

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

Issuer:	UBS AG, London Branch
Issue:	Trigger return optimization securities
Underlying stock:	Ford Motor Co. (NYSE: F)
Amount:	$250,000
Maturity:	Aug. 13, 2020
Coupon:	0%
Price:	Par of $10
Payout at maturity:	Par plus 2.5 times any share price gain, capped at par plus 41.67%; par if stock falls by up to 30%; otherwise, exposure to any share price decline
Initial share price:	$9.91
Trigger price:	$6.94, 70% of initial price
Pricing date:	Aug. 9
Settlement date:	Aug. 13
Underwriters:	UBS Financial Services Inc. and UBS Investment Bank
Fees:	2%
Cusip:	90284R884

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