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Published on 2/9/2016 in the Prospect News Structured Products Daily.

New Issue: UBS prices $2.21 million uncapped trigger PLUS linked to three indexes

By Devika Patel

Knoxville, Tenn., Feb. 9 – UBS AG, London Branch priced $2.21 million of 0% uncapped trigger Performance Leveraged Upside Securities due Aug. 8, 2019 linked to the worst performing of the Dow Jones industrial average, the Russell 2000 index and the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

If each index finishes above the initial level, the payout at maturity will be par of $10 plus 2.1 times any gain of the worst performing index.

If either index falls by up to the 70% trigger level, the payout will be par.

Otherwise, investors will be fully exposed to any losses of the worst performing index.

UBS Securities LLC is the agent.

Issuer:UBS AG, London Branch
Issue:Uncapped trigger Performance Leveraged Upside Securities
Underlying indexes:Dow Jones industrial average, the Russell 2000 index and the S&P 500 index
Amount:$2,211,000
Maturity:Aug. 8, 2019
Coupon:0%
Price:Par of $10
Payout at maturity:If index gains, par plus 2.1 times return of the worst performing index; if either index falls by up to 30%, par; otherwise, full exposure to any losses of worst performing index
Initial level:16,416.58 for Dow Jones, 1,014.789 for Russell 2000, 1,915.45 for S&P 500
Trigger level:11,491.61 for Dow Jones, 710.352 for Russell 2000, 1,340.82 for S&P 500; 70% of initial level
Pricing date:Feb. 4
Settlement date:Feb. 9
Agent:UBS Financial Services LLC
Fees:3%
Cusip:90275L615

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