UBS plans return optimization securities on Dow Jones - UBS Commodity

By Marisa Wong

Milwaukee, March 30 - UBS AG, Jersey Branch plans to price 0% return optimization securities with contingent protection due April 30, 2013 linked to the Dow Jones - UBS Commodity index, 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 index gain, up to a maximum gain of 40% to 45%. The exact cap will be set at pricing.

Investors will receive par if the index falls by 30% or less and will fully share in losses if the index falls by more than 30%.

The notes will price on April 27 and settle on April 30.

UBS Financial Services Inc. and UBS Securities LLC are the agents.

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