UBS plans to price PLUS due 2015 with cap linked to stock basket

By Susanna Moon

Chicago, July 22 – UBS AG, London Branch plans to price 0% Performance Leveraged Upside Securities due Jan. 29, 2015 linked to a basket of equally weighted stocks, according to an FWP filing with the Securities and Exchange Commission.

The underlying companies are Atwood Oceanics, Inc., Ensco plc, FMC Technologies, Inc., Helix Energy Solutions Group, Inc., Hornbeck Offshore Services, Inc., National Oilwell Varco, Inc. and Noble Corp. plc.

The payout at maturity will be par of $10 plus double any basket gain, up to a maximum return of 9%.

Investors will be exposed to any losses.

UBS Securities LLC is the agent. Morgan Stanley Smith Barney is dealer.

The notes will price on July 25 and settle on July 30.

The Cusip number is 90273E605.

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