UBS plans 7%-9.3% trigger yield optimization notes linked to Ford

By Toni Weeks

San Diego, March 14 - UBS AG, London Branch plans to price 7% to 9.3% trigger yield optimization notes due March 22, 2013 linked to the common stock of Ford Motor Co., according to an FWP filing with the Securities and Exchange Commission.

Interest is payable monthly. The exact coupon will be determined at pricing.

The face amount of each note will equal the initial share price of Ford stock.

The payout at maturity will be par unless the final price of Ford stock is less than 80% of the initial share price, in which case investors will receive one Ford share per note.

The notes (Cusip: 9026M0424) will price March 16 and settle March 21.

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

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