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Published on 7/2/2013 in the Prospect News Structured Products Daily.

UBS plans trigger performance securities linked to Vanguard FTSE EM

By Susanna Moon

Chicago, July 2 - UBS AG, London Branch plans to price 0% trigger performance securities due July 31, 2018 linked to the Vanguard FTSE Emerging Markets ETF, according to an FWP filing with the Securities and Exchange Commission.

The payout at maturity will be par of $10 plus 113% to 123% of any fund gain, with the exact participation rate to be set at pricing.

Investors will receive par if the shares fall by up to 25% and will be fully exposed to any losses if the fund finishes below the 75% trigger level.

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

The notes will price on July 26 and settle on July 31.

The Cusip number is 90271L247.


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