UBS plans trigger phoenix autocallable securities on Dunkin' Brands

By Jennifer Chiou

New York, March 5 - UBS AG, London Branch plans to price trigger phoenix autocallable optimization securities due Sept. 12, 2014 linked to Dunkin' Brands Group, Inc. shares, according to an FWP with the Securities and Exchange Commission.

If Dunkin' Brands stock closes at or above the 75% trigger level on a quarterly observation date, the notes will pay a contingent coupon at an annualized rate of 8% to 10% for that quarter.

If the shares close at or above the initial price on any quarterly observation date, the notes will be called at par of $10 plus the contingent coupon.

If the notes are not called and Dunkin' Brands shares finish at or above the trigger level, the payout at maturity will be par plus the contingent coupon.

Otherwise, investors will be fully exposed to the share price decline from the initial price.

The notes (Cusip: 90271B736) are expected to price on March 8 and settle on March 13.

UBS Financial Services Inc. and UBS Investment Bank are the underwriters.

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