By Angela McDaniels
Tacoma, Wash., April 20 - UBS AG, London Branch priced $4.25 million of 6.48% annualized goal notes due Feb. 26, 2013 linked to the Russell 2000 index, according to an FWP filing with the Securities and Exchange Commission.
Interest is payable monthly.
If the index's final level is less than the conversion level, the payout at maturity will be a cash amount equal to the conversion ratio multiplied by the index's final level. Otherwise, the payout will be par.
The conversion level is 80% of the initial level. The conversion ratio equals $1,000 divided by the conversion level of the index.
UBS Financial Services Inc. and UBS Investment Bank are the underwriters.
| Issuer: | UBS AG, London Branch
|
| Issue: | Goal notes
|
| Underlying index: | Russell 2000
|
| Amount: | $4.25 million
|
| Maturity: | Feb. 26, 2013
|
| Coupon: | 6.48%, payable monthly
|
| Price: | Par
|
| Payout at maturity: | If index's final level is less than conversion level, cash amount equal to conversion ratio multiplied by index's final level; otherwise, par
|
| Conversion level: | 80% of initial level
|
| Conversion ratio: | $1,000 divided by conversion level
|
| Pricing date: | April 19
|
| Settlement date: | April 26
|
| Underwriters: | UBS Financial Services Inc. and UBS Investment Bank
|
| Fees: | None
|
| Cusip: | 9026M0739
|
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