UBS plans to price return optimization securities linked to gold

By Marisa Wong

Madison, Wis., March 1 - UBS AG, Jersey Branch plans to price 0% return optimization securities due March 14, 2016 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 1.5 times any increase in the price of gold, up to a maximum return of 33% to 37% that will be set at pricing.

Investors will be fully exposed to any losses.

The notes (Cusip: 902669563) are expected to price March 8 and settle March 13.

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

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