UBS plans buffered return optimization notes tied to iShares MSCI EM

By Susanna Moon

Chicago, Oct. 21 - UBS AG, London Branch plans to price 0% buffered return optimization securities due April 30, 2013 linked to the iShares MSCI Emerging Markets index fund, according to an FWP filing with the Securities and Exchange Commission.

The payout at maturity will be par of $10.00 plus double any gain in the fund, up to a maximum return of 22% to 25%. The exact cap will be set at pricing.

Investors will receive par if the shares fall by up to 10% and will be exposed to losses beyond 10%.

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

The notes will price on Oct. 27 and settle on Oct. 31.

The Cusip number is 90267N595.

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