UBS
Investment Bank today announced a coupon payment for the ETRACS
Alerian MLP Index ETN (NYSE Arca: “AMU”). The relevant coupon
information is provided in the table below. For additional ETRACS
information, go to www.etracs.com
or download the ETRACS Full ETN List.
|
NYSE Ticker
|
|
ETN
Name
|
|
Valuation Date
|
|
Ex-
Date
|
|
Record Date
|
|
Payment Date
|
|
Coupon Amount
|
|
Payment Schedule
|
|
Current Yield* (annualized)
|
|
AMU
|
|
ETRACS
Alerian MLP
Index ETN
|
|
08/17/15
|
|
08/26/15
|
|
08/28/15
|
|
09/08/15
|
|
$0.3612
|
|
Quarterly
|
|
6.14%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
*"Current Yield (annualized)" equals the current Coupon Amount,
multiplied by four (to annualize such coupon), divided by the closing
price of the ETN on its current Coupon Valuation Date, or, if the
closing price is not available on that date, then the previous available
closing price, and rounded to two decimal places for ease of analysis.
The Current Yield is not indicative of future coupon payments, if any,
on the ETN. You are not guaranteed any coupon or distribution amount
under the ETN.
About ETRACS
ETRACS ETNs are exchange-traded notes, an innovative class of investment
products offering access to markets and strategies that may not be
readily available to investors, and offer unique diversification
opportunities in a number of different sectors. ETRACS ETNs may offer:
-
Convenience of an exchange-traded security
-
Transparent exposure to a published index
ETRACS ETNs are senior unsecured notes issued by UBS AG, are traded on
NYSE Arca, and can be bought and sold through a broker or financial
advisor. An investment in ETRACS ETNs is subject to a number of
risks, including the risk of loss of some or all of the investor’s
principal, and is subject to the creditworthiness of UBS AG. You are not
guaranteed any coupon or distribution amount under the ETNs.
We urge you to read the more detailed explanation of risks described
under “Risk Factors” in the prospectus supplement for the ETRACS ETN.
This communication is issued by UBS AG or an affiliate thereof ("UBS").
Products and services in this communication may not be available for
residents of certain jurisdictions.
In the United States, this communication is issued by UBS Securities LLC
(member FINRA, NYSE and SIPC) or UBS Financial Services Inc. (member
FINRA and SIPC), subsidiaries of UBS AG, or solely to qualified US
institutional investors by UBS AG or a subsidiary or affiliate thereof
that is not registered as a US broker-dealer (a "non-US affiliate").
Transactions resulting from materials distributed by a non-US affiliate
must be effected through UBS Securities LLC or UBS Financial Services
Inc.
ETRACS ETNs are sold only in conjunction with the relevant offering
materials. UBS has filed a registration statement (including a
prospectus, as supplemented by a prospectus supplement, or product
supplement and pricing supplement, for the offering of the ETRACS ETNs)
with the Securities and Exchange Commission (the "SEC") for the offering
to which this communication relates. Before you invest, you should read
these documents and any other documents that UBS has filed with the SEC
for more complete information about UBS and the offering to which this
communication relates. You may get these documents for free by visiting
EDGAR on the SEC website at www.sec.gov.
Alternatively, you can request the prospectus and the prospectus
supplement, or applicable product supplement and pricing supplement, by
calling toll-free (+1-877-387 2275). In the US, securities underwriting,
trading and brokerage activities and M&A advisor activities are provided
by UBS Securities LLC, a registered broker/dealer that is a wholly owned
subsidiary of UBS AG, a member of the New York Stock Exchange and other
principal exchanges, and a member of SIPC. UBS Financial Services Inc.
is a registered broker/dealer and affiliate of UBS Securities LLC.
UBS specifically prohibits the redistribution or reproduction of this
communication in whole or in part without the prior written permission
of UBS and UBS accepts no liability whatsoever for the actions of third
parties in this respect. © UBS 2015. The key symbol, UBS and ETRACS
are among the registered and unregistered trademarks of UBS. Alerian MLP
Index, Alerian MLP Total Return Index, AMZ, and AMZX are trademarks of
Alerian and their use is granted under a license from Alerian. Other
marks may be trademarks of their respective owners. All rights reserved.
Notes to Editors
UBS is committed to providing private, institutional and corporate
clients worldwide, as well as retail clients in Switzerland, with
superior financial advice and solutions while generating attractive and
sustainable returns for shareholders. Its strategy centers on its Wealth
Management and Wealth Management Americas businesses and its leading
universal bank in Switzerland, complemented by its Global Asset
Management business and its Investment Bank. These businesses share
three key characteristics: they benefit from a strong competitive
position in their targeted markets, are capital-efficient, and offer a
superior structural growth and profitability outlook. UBS's strategy
builds on the strengths of all of its businesses and focuses its efforts
on areas in which it excels, while seeking to capitalize on the
compelling growth prospects in the businesses and regions in which it
operates. Capital strength is the foundation of its success.
Headquartered in Zurich, Switzerland, UBS has offices in more than 50
countries, including all major financial centers, and approximately
60,000 employees. UBS Group AG is the holding company of the UBS Group.
Under Swiss company law, UBS Group AG is organized as an
Aktiengesellschaft, a corporation that has issued shares of common stock
to investors. The operational structure of the Group comprises the
Corporate Center and five business divisions: Wealth Management, Wealth
Management Americas, Retail & Corporate, Global Asset Management and the
Investment Bank.
View source version on businesswire.com: http://www.businesswire.com/news/home/20150820005250/en/
Copyright Business Wire 2015