By Jennifer Chiou
New York, Sept. 19 - UBS AG, London Branch priced $109,984 of 16.16% annualized trigger yield optimization notes due Dec. 22, 2011 linked to the common stock of Yahoo! Inc., according to a 424B2 filing with the Securities and Exchange Commission.
Interest is payable monthly.
The face amount of each note is equal to the initial share price of Yahoo!.
The payout at maturity will be par unless the final price of Yahoo! stock is less than 75% of the initial share price, in which case investors will receive one Yahoo! 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: | Yahoo! Inc. (Nasdaq: YHOO)
|
| Amount: | $109,984.08
|
| Maturity: | Dec. 22, 2011
|
| Coupon: | 16.16%, payable monthly
|
| Price: | Par of $14.61
|
| Payout at maturity: | Par unless final price is less than trigger price, in which case one Yahoo! share per note
|
| Initial share price: | $14.61
|
| Trigger price: | $10.96, 75% of initial share price
|
| Pricing date: | Sept. 19
|
| Settlement date: | Sept. 22
|
| Underwriters: | UBS Financial Services Inc. and UBS Investment Bank
|
| Fees: | 0.7%
|
| Cusip: | 90268E586
|
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