UBS plans to sell 8.65%-10.65% yield optimization notes tied to Ford

By Marisa Wong

Madison, Wis., Sept. 10 - UBS AG, London Branch plans to price 8.65% to 10.65% yield optimization notes with contingent protection due Sept. 21, 2012 linked to the common stock of Ford Motor Co., according to an FWP filing with the Securities and Exchange Commission.

The face amount of each note will be equal to the closing price of Ford stock on the pricing date.

Interest will be payable monthly. The exact coupon will be set at pricing.

If the final price of Ford stock is greater than or equal to 75% of the initial price, the payout at maturity will be par in cash. Otherwise, the payout will be one Ford share per note.

The notes (Cusip: 90267C862) will price Sept. 14 and settle Sept. 17.

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

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