New Issue: UBS prices $279,966 22.24% trigger yield optimization notes linked to Research In Motion

New York, Jan. 24 - UBS AG, London Branch priced $279,966.52 of 22.24% annualized trigger yield optimization notes due April 27, 2012 linked to the common stock of Research In Motion Ltd., according to a 424B2 filing with the Securities and Exchange Commission.

The face amount of each note is $15.01, which is equal to the initial share price of Research In Motion stock.

Interest is payable monthly.

The payout at maturity will be par unless the final price of Research In Motion stock is less than 70% of the initial share price, in which case investors will receive one Research In Motion 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:	Research In Motion Ltd. (: RIMM)
Amount:	$279,966.52
Maturity:	April 27, 2012
Coupon:	22.24%, payable monthly
Price:	Par of $15.01
Payout at maturity:	If final share price is less than trigger price, one Research In Motion share; otherwise, par
Initial share price:	$15.01
Trigger price:	$10.51, 70% of initial price
Pricing date:	Jan. 24, 2012
Settlement date:	Jan. 27, 2012
Underwriters:	UBS Financial Services Inc. and UBS Investment Bank
Fees:	0.700199866755496%
Cusip:	90267Y161

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.