UBS to price trigger autocallables linked to WisdomTree Japan

By Marisa Wong

Madison, Wis., May 14 - UBS AG, London Branch plans to price 0% trigger autocallable optimization securities due June 4, 2018 linked to the WisdomTree Japan hedged equity fund, according to an FWP filing with the Securities and Exchange Commission.

If the closing share price is equal to or greater than the initial price on any quarterly observation date after one year, the notes will be called at par plus an annualized call return of 8%.

If the notes are not called and the final price is greater than or equal to the trigger price, 67% to 70% of the initial price, the payout at maturity will be par. Otherwise, investors will share fully in losses. The exact trigger level will be set at pricing.

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

The notes will price on May 29 and settle on May 31.

The Cusip number is 90271C544.

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