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UBS ETRACS CMCI Short Platinum Excess Return ETN due 5/14/2018
Ticker Symbol: PTD* CUSIP: 902641729 Exchange: NYSEA
* NOTE: This security is no longer trading as of 6/06/2013
Company's Online Profile
BUSINESS: UBS ETRACS CMCI Short Platinum Excess Return ETN due 5/14/2018 are senior unsecured debt securities issued by UBS AG who is offering and selling the Medium-Term Notes, Series A of Exchange Traded Access Securities (ETRACS). INVESTMENT OBJECTIVE: The UBS ETRACS CMCI Shorts Platinum Excess Return ETN is designed to track the short, or inverse, performance of the UBS Bloomberg Constant Maturity Commodity Index (CMCI) Platinum Excess Return (the Index), plus a fixed income return based on a hypothetical 91-day Treasury Bill portfolio, less investor fees. INDEX DESCRIPTION: The UBS Bloomberg CMCI Platinum Excess Return measures the uncollateralized returns from a basket of platinum futures contracts. The commodity futures contracts are targeted for a constant maturity of three months. Accordingly, the value of the Securities generally will increase as the price of platinum and the level of the Index decrease and decrease as the price of platinum and the level of the Index increase, in each case subject to a positive adjustment based on the fixed-income return. RETURNS AND MATURITY: The cash settlement amount on the Maturity Date, June 14, 2018, you will receive a cash payment per $25 Principal Amount of your Securities equal to the Current Principal Amount as of the Final Valuation Date. The Securities are not suitable for all investors. In particular, the Securities should be purchased only by knowledgable investors who understand the consequences of seeking compounded daily returns linked to either an unequal combination of combined long and short, or inverse, investment results and who intend to actively monitor and manage their investments. REDEMPTION AND FEES: You may elect to require UBS to redeem your Securities, in whole or in part, on any Redemption Date prior to the Maturity Date commencing on May 30, 2008 through and including the final Redemption Date, subject to the minimum redemption amount of at least 100,000 Securities ($2,500,000 aggregate principal amount) and to your compliance with the procedures. Upon early redemption, you will receive per Security a cash payment on the relevant Redemption Date equal to the Current Principal Amount as of the applicable Valuation Date, minus the Redemption Fee Amount. The Fee Amount on the Initial Trade Date will equal zero. On each subsequent calendar day until maturity, early redemption or call, the Fee Amount will equal the product of (i) 0.65% divided by 365 times (ii) the Current Principal Amount for that series on the previous calendar day. Because the Fee Amount is calculated and subtracted from the Current Principal Amount on a daily basis, the net effect of the Fee Amount accumulates over time. For further information on this ETN click on the Link to IPO Prospectus.
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Notes: May 20, 2013 UBS AG announced today that it will redeem all of the outstanding securities in each of the series set forth in the following table.:
ETRACS DJ-UBS Commodity Index 2-4-6 Blended Futures ETN due April 30, 2042 - CUSIP# 90267L201
ETRACS Monthly 2x Leveraged ISE Cloud Computing TR Index ETN due October 4, 2041 - CUSIP# 90267E330
Exchange Traded Access Securities Short Platinum - Linked to the Inverse Performance of the UBS Bloomberg CMCI Platinum Excess Return due 2018 - CUSIP# 902641729
ETRACS Next Generation Internet ETN due July 19, 2041 - CUSIP# 90268A774
ETRACS Monthly 2x Leveraged Next Generation Internet ETN due July 19, 2041 - CUSIP# 90268A659
ETRACS ISE Solid State Drive Index ETN due September 13, 2041 - CUSIP# 90268A758
ETRACS Monthly 2x Leveraged ISE Solid State Drive Index ETN due September 13, 2041 - CUSIP# 90268A741
The Call Settlement Date for the Affected Securities shall be June 6, 2013.
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IPO - 5/8/2008 -
Link to IPO Prospectus
Previous Name: UBS Bloomberg CMCI Platinum Excess Return due May 14, 2018
Micro Cap Stock -
Market Value $3.2 Million
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Company's Online Information Links
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| Company's Online SEC EDGAR Filings |
| Company's Email Address Links |
| Foreign Address and Phone Numbers |
| Address: Bahnhofstrasse 45 P O Box CH 8098 Zurich, Switzerland |
| Main Phone Number |
+41-1-234-41-00 |
| Fax Number |
+41-1-234-34-15 |
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Inv Rel Phone Number
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+41-1-234-43-60 |
| Address and Phone Numbers |
| U.S. Representative |
USB NY |
| Address: 1285 Avenue of the Americas, New York, NY 10019 |
| Main Phone Number |
212-821-3000 |
| Fax Number |
212-713-1381 |
| Investor Contact
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800-722-7370
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| Toll Free Phone Number |
800-722-7370 |
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