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Published on 4/1/2013 in the Prospect News Structured Products Daily.

UBS to price trigger performance securities linked to Euro Stoxx 50

By Angela McDaniels

Tacoma, Wash., April 1 - UBS AG, London Branch plans to price 0% trigger performance securities due April 29, 2016 linked to the Euro Stoxx 50 index, according to an FWP filing with the Securities and Exchange Commission.

The payout at maturity will be par of $10 plus 121% to 131% of any index gain. The exact participation rate will be set at pricing.

Investors will receive par if the index falls by 45% or less and will be fully exposed to losses from the initial level if the index drops by more than 45%.

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

The notes will price April 26 and settle April 30.

The Cusip number is 90271B868.


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