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Published on 10/2/2013 in the Prospect News Structured Products Daily.

New Issue: UBS prices $2.73 million trigger PLUS linked to WisdomTree Japan

By Jennifer Chiou

New York, Oct. 2 - UBS AG, London Branch priced $2,732,000 of 0% trigger Performance Leveraged Upside Securities due Oct. 5, 2016 linked to the WisdomTree Japan Hedged Equity fund, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par of $10 plus 150% of any fund gain, up to a maximum return of 45%.

Investors will receive par if the shares fall by up to 20% and will be fully exposed to the decline if the fund falls to or below the 80% trigger level.

UBS Securities LLC is the agent with Morgan Stanley Smith Barney LLC as the dealer.

Issuer:UBS AG, London Branch
Issue:Trigger Performance Leveraged Upside Securities
Underlying fund:WisdomTree Japan Hedged Equity fund
Amount:$2,732,000
Maturity:Oct. 5, 2016
Coupon:0%
Price:Par of $10
Payout at maturity:Par plus 150% of any fund gain, capped at 45%; par if fund falls by less than 20%; full exposure to losses if fund drops to or below trigger level
Initial price:$47.93
Trigger level:$38.34, 80% of initial price
Pricing date:Sept. 30
Settlement date:Oct. 3
Agent:UBS Securities LLC with Morgan Stanley Smith Barney LLC as dealer
Fees:3%
Cusip:90271M443

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