New Issue: UBS prices $4.14 million trigger autocallables linked to Russell 2000

By Susanna Moon

Chicago, June 28 - UBS AG, London Branch priced $4.14 million of 0% trigger autocallable optimization securities due June 29, 2018 linked to the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes will be called at par plus a call return of 8% per year if the index closes at or above the initial level on any quarterly observation date after one year.

If the notes are not called and the index finishes at or above the 65% trigger level, the payout at maturity will be par.

Otherwise, investors will be fully exposed to any losses.

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

Issuer:	UBS AG, London Branch
Issue:	Trigger autocallable optimization securities
Underlying index:	Russell 2000
Amount:	$4,136,930
Maturity:	June 29, 2018
Coupon:	0%
Price:	Par of $10
Payout at maturity:	If index finishes at or above trigger level, par; otherwise, full exposure to index's decline from initial level
Call:	At par plus a call return of 8% per year if index closes at or above initial level on any quarterly observation date beginning July 1, 2014
Initial level:	963.83
Trigger level:	626.49, 65% of initial level
Pricing date:	June 26
Settlement date:	June 28
Underwriters:	UBS Financial Services Inc. and UBS Investment Bank
Fees:	2.5%
Cusip:	90271L148

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