UBS Investment Bank announced today that it will allow daily, instead of weekly, redemption for any holder of the following UBS E-TRACS (the “Securities”) that wishes to exercise its right of early redemption:
|E-TRACS||Cusip Number||NYSE Arca Ticker Symbol|
|E-TRACS Linked to the Alerian MLP Infrastructure Index due April 2, 2040||902641646||MLPI|
|E-TRACS Linked to Alerian Natural Gas MLP Index due July 9, 2040||902641620||MLPG|
|2xMonthly Leveraged Long E-TRACS Linked to the Alerian MLP Infrastructure Index due July 9, 2040||902664200||MLPL|
|1xMonthly Short E-TRACS Linked to the Alerian MLP Infrastructure Total Return Index due October 1, 2040||902641612||MLPS|
|E-TRACS Linked to the Wells Fargo MLP Index due October 29, 2040||902664408||MLPW|
UBS is present in all major financial centers worldwide. It has offices in over 50 countries, with about 37% of its employees working in the Americas, 37% in Switzerland, 16% in the rest of Europe and 10% in Asia Pacific. UBS employs about 65,000 people around the world. Its shares are listed on the SIX Swiss Exchange and the New York Stock Exchange (NYSE).