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UBS ETRACS 2xMonthly Leveraged S&P MLP Index ETN due 7/14/2045
Ticker Symbol: MLPV* CUSIP: 90274D531 Exchange: NYSEA
* NOTE: This security is no longer trading as of 2/01/2016
BUSINESS: ETRACS 2xMonthly Leveraged S&P MLP Index ETN due 7/14/2045
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Notes: 7/15/2015 Etracks 2xMonthly Leveraged S&P MLP Index ETN MLPV NYSE Arca ____________ January 20, 2016 -- UBS Investment Bank today announced that all outstanding notes of the ETRACS 2xMonthly Leveraged S&P MLP Index ETN due July 14, 2045 (Ticker: MLPV) will be mandatorily redeemed in accordance with the terms of the Securities as a result of the occurrence of an Acceleration Event, triggered as a result of the intraday indicative value of the Securities being equal to or less than $5.00 on January 20, 2016 (the Acceleration Date). As disclosed in more detail in the prospectus supplement relating to the Securities, all outstanding notes will be automatically accelerated and redeemed and holders will be entitled to receive the Acceleration Amount calculated in accordance with the terms of the Securities. Payment of the Acceleration Amount will be made on the Acceleration Settlement Date, which will be February 1, 2016.
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IPO - 7/14/2015 -
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