UBS plans to price protected market-linked notes on three currencies

By Toni Weeks

San Diego, April 11 - UBS AG, Jersey Branch plans to price market-linked notes due April 30, 2014 linked to an equally weighted basket of three currencies relative to the dollar, according to an FWP filing with the Securities and Exchange Commission.

The underlying currencies are the Australian dollar, Brazilian real and Canadian dollar.

A contingent coupon of 3% will be paid on an annual coupon valuation date if the basket return is zero or positive.

The payout at maturity will be par, unless the basket return on every annual coupon valuation date is zero or positive, in which case investors will receive par plus the final contingent coupon of 3% and any positive basket return above 9%.

Investors will receive a minimum of par.

The notes (Cusip: 90261JGW7) are expected to price April 27 and settle April 29.

UBS Securities LLC is the agent.

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