New Issue: UBS prices $468,920 trigger autocallables on SPDR Euro Stoxx 50 ETF

By Jennifer Chiou

New York, Jan. 5 – UBS AG, London Branch priced $468,920 of 0% trigger autocallable optimization securities due Jan. 12, 2017 linked to the shares of SPDR Euro Stoxx 50 ETF, according to a 424B2 filing with the Securities and Exchange Commission.

The notes will be called at par plus a call return of 12.33% per year if the fund closes at or above the initial price on any observation date, which occurs annually beginning on Jan. 5, 2016.

If the notes are not called and SPDR Euro Stoxx 50 shares finish at or above the trigger price, 90% of the initial price, the payout at maturity will be par. Otherwise, investors will be exposed to the decline from the initial price.

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

Issuer:	UBS AG, London Branch
Issue:	Trigger autocallable optimization securities
Underlying fund: SPDR Euro Stoxx 50 ETF
Amount:	$468,920
Maturity:	Jan. 12, 2017
Coupon:	0%
Price:	Par of $10.00
Payout at maturity:	Par if SPDR Euro Stoxx 50 finishes at or above trigger price; otherwise, full exposure to decline
Call:	Automatically at par plus 12.33% per year if SPDR Euro Stoxx 50 shares close at or above initial price on any observation date, which occurs annually beginning on Jan. 5, 2016
Initial share price:	$35.26
Trigger price:	$31.73, 90% of initial price
Pricing date:	Jan. 5
Settlement date:	Jan. 8
Underwriters:	UBS Financial Services Inc. and UBS Investment Bank
Fees:	2%
Cusip:	90274H623

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