New Issue: UBS prices $150,000 buffered return optimization securities on SPDR S&P 500

New York, Jan. 21 – UBS AG, London Branch priced $150,000 of 0% buffered return optimization securities due Jan. 29, 2019 linked to the SPDR S&P 500 ETF Trust, according to a 424B2 filing with the Securities and Exchange Commission.

If the trust’s shares close at or above the initial share price, the payout at maturity will be par plus 1.5 times any gain, capped at par plus 29.09%.

If the shares decline by up to 10%, the payout will be par. Investors will be exposed to any losses beyond 10%.

The agents are UBS Financial Services Inc. and UBS Investment Bank.

Issuer:	UBS AG, London Branch
Issue:	Buffered return optimization securities
Underlying trust:	SPDR S&P 500 ETF Trust
Amount:	$150,000
Maturity:	Jan. 29, 2019
Coupon:	0%
Price:	Par of $10
Payout at maturity:	Par plus 1.5 times return of trust, capped at 29.09%; par if trust declines by up to 10%; exposure to losses beyond 10%
Initial share price:	$186.70
Pricing date:	Jan. 21
Settlement date:	Jan. 26
Agents:	UBS Financial Services Inc. and UBS Investment Bank
Fees:	2%
Cusip:	90275M878

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