By Susanna Moon
Chicago, Jan. 5 - UBS AG priced $26.64 million of 0% performance securities due Jan. 8, 2013 based on the performance of the UBS V10 Currency Index with Volatility Cap, according to an FWP filing with the Securities and Exchange Commission.
The payout at maturity will be par of $10 plus 1.15 times any index gain.
Investors will be exposed to any decline in the index.
UBS Financial Services Inc. and UBS Investment Bank are the underwriters.
| Issuer: | UBS AG
|
| Issue: | Performance securities
|
| Underlying index: | UBS V10 Currency Index with Volatility Cap
|
| Amount: | $26.64 million
|
| Maturity: | Jan. 8, 2013
|
| Coupon: | 0%
|
| Price: | Par of $10
|
| Payout at maturity: | Par plus 115% of any index gain; exposure to losses
|
| Initial level: | 566.90
|
| Pricing date: | Jan. 4
|
| Settlement date: | Jan. 8
|
| Underwriters: | UBS Financial Services Inc. and UBS Investment Bank
|
| Fees: | 2.5%
|
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