New Issue: UBS prices $199,985 11.99% trigger yield optimization notes linked to iShares MSCI Brazil

New York, May 13 – UBS AG, London Branch priced $199,985.64 of 11.99% trigger yield optimization notes due May 18, 2021 linked to the shares of iShares Msci Brazil ETF, according to a 424B2 filing with the Securities and Exchange Commission.

The face amount of each note is $22.02, which is equal to the initial share price of iShares MSCI Brazil stock.

Interest is payable monthly.

The payout at maturity will be par unless the final price of iShares MSCI Brazil stock is less than 70% of the initial share price, in which case investors will receive one iShares MSCI Brazil share per note.

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

Issuer:	UBS AG, London Branch
Issue:	Trigger yield optimization notes
Underlying stock:	iShares Msci Brazil ETF
Amount:	$199,985.64
Maturity:	May 18, 2021
Coupon:	11.99%, payable monthly
Price:	Par of $22.02
Payout at maturity:	If final share price is less than trigger price, one iShares MSCI Brazil share; otherwise, par
Initial share price:	$22.02
Trigger price:	$15.41, 70% of initial price
Pricing date:	May 13
Settlement date:	May 15
Underwriters:	UBS Financial Services Inc. and UBS Investment Bank
Fees:	2%
Cusip:	90289J564

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.