UBS to sell 11.5%-14% yield optimization notes linked to Anadarko

By Jennifer Chiou

New York, Nov. 5 - UBS AG plans to price 11.5% to 14% annualized yield optimization notes with contingent protection due Feb. 19, 2010 linked to the common stock of Anadarko Petroleum Corp., according to an FWP filing with the Securities and Exchange Commission.

Interest will be payable at maturity.

Each note will have a face amount equal to the closing price of Anadarko stock at pricing.

The payout at maturity will be par unless the price of Anadarko stock finishes at less than 75% of the initial price, in which case investors will receive one Anadarko share per note.

The notes are expected to price on Nov. 13 and settle on Nov. 18.

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

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