UBS to price trigger autocallables linked to Euro Stoxx 50 index

By Angela McDaniels

Tacoma, Wash., March 19 - UBS AG, London Branch plans to price 0% trigger autocallable optimization securities due March 29, 2018 linked to the Euro Stoxx 50 index, according to an FWP filing with the Securities and Exchange Commission.

Beginning March 31, 2014, the notes will be automatically called at par of $10 plus a call return of 9% per year if the index closes at or above the initial level on any quarterly observation date.

If the notes are not called and the index finishes at or above the trigger level, 58% to 64% of the initial level, the payout at maturity will be par. Otherwise, investors will be fully exposed to the index's decline from its initial level. The exact trigger level will be set at pricing.

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

The notes are expected to price March 26 and settle March 28.

The Cusip number is 90271B793.

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