New Issue: UBS prices $1.56 million trigger performance notes on UBS Bloomberg CMCI

By Jennifer Chiou

New York, April 30 - UBS AG, London Branch priced $1,155,500 of 0% trigger performance securities due April 30, 2024 linked to the UBS Bloomberg Constant Maturity Commodity Index Excess Return, according to a 424B2 filing with the Securities and Exchange Commission.

If the index return is positive, the payout at maturity will be par of $10 plus 190% of the index return. Investors will receive par if the index falls by up to 50% and will be fully exposed to losses from the initial level if it falls by more than 50%.

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

Issuer:	UBS AG, London Branch
Issue:	Trigger performance securities
Underlying index:	UBS Bloomberg Constant Maturity Commodity Index Excess Return
Amount:	$1,155,500
Maturity:	April 30, 2024
Coupon:	0%
Price:	Par of $10
Payout at maturity:	If index return is positive, par plus 190% of index return; par if index falls by up to 50%; full exposure to losses if index falls more than 50%
Initial index level:	1,211.071
Trigger level:	605.536, 50% of initial level
Pricing date:	April 25
Settlement date:	April 30
Underwriters:	UBS Financial Services Inc. and UBS Investment Bank
Fees:	5%
Cusip:	90272V798

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