New Issue: UBS prices $99,981 7.26% trigger yield optimization notes linked to United Continental

New York, Aug. 29 – UBS AG, London Branch priced $99,981 of 7.26% trigger yield optimization notes due Sept. 3, 2015 linked to the common stock of United Continental Holdings Inc., according to a 424B2 filing with the Securities and Exchange Commission.

The face amount of each note is $47.61, which is equal to the initial share price of United Continental stock.

Interest is payable monthly.

The payout at maturity will be par unless the final price of United Continental stock is less than 70% of the initial share price, in which case investors will receive one United Continental share per note.

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

Issuer:	UBS AG, London Branch
Issue:	Trigger yield optimization notes
Underlying stock:	United Continental Holdings Inc. (NYSE: UAL)
Amount:	$99,981
Maturity:	Sept. 3, 2015
Coupon:	7.26%, payable monthly
Price:	Par of $47.61
Payout at maturity:	If final share price is less than trigger price, one United Continental share; otherwise, par
Initial share price:	$47.61
Trigger price:	$33.33, 70% of initial price
Pricing date:	Aug. 29
Settlement date:	Sept. 4
Underwriters:	UBS Financial Services Inc. and UBS Investment Bank
Fees:	2%
Cusip:	90273K684

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.