New Issue: UBS prices $3.21 million buffered return optimization notes on S&P 500

By Susanna Moon

Chicago, Oct. 31 - UBS AG, London Branch priced $3.21 million of 0% buffered return optimization securities due Oct. 31, 2014 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par of $10.00 plus double any index gain, up to a maximum return of 16.86%.

Investors will receive par if the index falls by up to 10% and will be exposed to any losses beyond 10%.

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

Issuer:	UBS AG, London Branch
Issue:	Buffered return optimization securities
Underlying index:	S&P 500
Amount:	$3,213,480
Maturity:	Oct. 31, 2014
Coupon:	0%
Price:	Par of $10.00
Payout at maturity:	Par plus 200% of any index gain, capped at 16.86%; par if index falls by up to 10% or less; exposure to losses beyond 10%
Initial level:	1,411.94
Pricing date:	Oct. 26
Settlement date:	Oct. 31
Agents:	UBS Financial Services Inc. and UBS Investment Bank
Fees:	2%
Cusip:	90269V553

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