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UBS plans to price PLUS due 2015 with 16% cap linked to Euro Stoxx 50
By Susanna Moon
Chicago, Dec. 31 - UBS AG, London Branch plans to price 0% Performance Leveraged Upside Securities due March 5, 2015 linked to the Euro Stoxx 50 index, according to an FWP filing with the Securities and Exchange Commission.
The payout at maturity will be par of $10 plus triple any index gain, up to a maximum return of $11.60 per note. The exact participation rate will be set at pricing.
Investors will be exposed to any losses.
UBS Securities LLC is the agent with distribution through Morgan Stanley Smith Barney LLC.
The notes will price on Jan. 31 and settle on Feb. 5.
The Cusip number is 90271T158.
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