UBS plans contingent return optimization notes tied to Russell 2000

By Susanna Moon

Chicago, May 14 - UBS AG, London Branch plans to price 0% contingent return optimization securities due May 30, 2014 linked to the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index finishes at or above the 70% trigger level, the payout at maturity will be par plus the greater of the 10% contingent return and any index gain, up to a maximum return of 28% to 35%. The exact cap will be set at pricing.

Otherwise, investors will be fully exposed to any losses.

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

The notes will price on May 25 and settle on May 31.

The Cusip number is 90268U192.

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