Our Solution
UBS is offering a solution that gives eligible clients the right to hold their ARS and continue to accrue interest or dividends as determined by the auction process, or to sell their ARS securities back to UBS at par. Please see the security´s prospectus for more information.

Accepting the Offering
If you are eligible for this offer, you should have received a letter in October with instructions on how to accept the offer.

The letter also outlined the offering period during which you can choose to hold your ARS and continue to accrue interest and dividends, or sell them to UBS at par. If you did not receive a letter and believe you are eligible for the offer, please contact your Financial Advisor or Branch Manager. Please see the security´s prospectus for more information.

Check the Current Interest or Yield on Your ARS Holdings
Clients who are eligible for this offer also received a list of their eligible ARS holdings, with unique security identifiers known as CUSIPs and their corresponding statement descriptions. To determine the current interest rate or dividend yield that your ARS are earning (as of the security´s most recent auction date), enter the nine-digit CUSIP number for each security using the online tool in the right column. Please see the security´s prospectus for more information.

Other Features of this Solution
If you accept the settlement offer and you need liquidity before your offer period begins, UBS will provide "no net cost" loans generally up to the par value of your ARS. Please see the offer´s prospectus for the terms and conditions of a "no net cost" loan.

UBS will also reimburse all clients who participated in previous ARS loan programs at UBS for the difference between the cost of the loan and interest paid on the ARS.

Contact Us
If you have questions about the offer, please contact your UBS Financial Advisor or Branch Manager.