New Issue: UBS prices $890,000 airbag yield optimization notes on ServiceNow

By Marisa Wong

Madison, Wis., Jan. 29 - UBS AG, London Branch priced $890,000 of 7% annualized airbag yield optimization notes due July 31, 2014 linked to the common stock of ServiceNow, Inc., according to a 424B2 filing with the Securities and Exchange Commission.

Interest is payable monthly.

The payout at maturity will be par unless the final share price is less than the conversion price, in which case the payout will be a number of ServiceNow shares equal to $1,000 divided by the conversion price. The conversion price is 80% of the initial share price.

UBS Financial Services Inc. and UBS Investment Bank is the agent.

Issuer:	UBS AG, London Branch
Issue:	Airbag yield optimization notes
Underlying stock:	ServiceNow, Inc. (Symbol: NOW)
Amount:	$890,000
Maturity:	July 31, 2014
Coupon:	7% per year, payable monthly
Price:	Par
Payout at maturity:	If final share price is less than conversion price, 21.3447 ServiceNow shares; otherwise, par
Initial share price:	$58.56
Conversion price:	$46.85, 80% of initial price
Pricing date:	Jan. 24
Settlement date:	Jan. 31
Underwriters:	UBS Financial Services Inc. and UBS Investment Bank
Fees:	1%
Cusip:	90271T497

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