UBS plans contingent income autocallables linked to three indexes

By Susanna Moon

Chicago, June 26 – UBS AG, London Branch plans to price contingent income autocallable securities due July 5, 2019 linked to the worst performing of the Russell 2000 index, MSCI Emerging Markets index and Euro Stoxx 50 index, according to an FWP filing with the Securities and Exchange Commission.

The notes will pay a contingent quarterly coupon at an annual rate of 9.25% if each index closes at or above its 75% barrier level on a determination date for that quarter.

The notes will be redeemed at par plus the contingent coupon if each index closes at or above its respective initial level on any quarterly determination date after one year.

If the notes are not called, the payout at maturity will be par plus the final contingent coupon unless any index finishes below its 75% barrier level, in which case investors will be fully exposed to losses of the worst performing index.

UBS Securities LLC is the agent. Morgan Stanley Smith Barney LLC will handle distribution.

The notes will price on June 30 and settle on July 3.

The Cusip number is 90273E290.

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