UBS plans to price return optimization securities linked to gold

By Toni Weeks

San Diego, Feb. 6 - UBS AG, Jersey Branch plans to price 0% return optimization securities due Aug. 15, 2013 linked to the gold spot price, according to an FWP filing with the Securities and Exchange Commission.

The payout at maturity will be par of $10 plus three times any increase in the price of gold, up to a maximum return of 22% to 25% that will be set at pricing.

Investors will be fully exposed to losses.

The notes (Cusip: 902669399) are expected to price Feb. 10 and settle Feb. 15.

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

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