UBS plans 7.5%-10% yield optimization notes linked to Ford stock

By Jennifer Chiou

New York, March 1 - UBS AG plans to price 7.5% to 10% yield optimization notes with contingent protection due March 21, 2011 linked to the common stock of Ford Motor Co., according to an FWP with the Securities and Exchange Commission.

Interest is payable monthly.

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

The payout at maturity will be par unless the price of Ford stock finishes at less than 70% of the initial price, in which case investors will receive one Ford share per note.

The notes will price on March 15 and settle on March 19.

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

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