UBS plans contingent return optimization notes linked to Russell 2000

By Marisa Wong

Madison, Wis., Feb. 1 - UBS AG, London Branch plans to price 0% contingent return optimization securities due Aug. 31, 2015 linked to the Russell 2000 index, according to an FWP filing with the Securities and Exchange Commission.

If the index finishes at or above the 75% trigger level, the payout at maturity will be par of $10 plus the greater of the 6% contingent return and any gain up to a maximum return of 30% to 36%.

Otherwise, investors will be fully exposed to losses.

UBS Financial Services Inc. and UBS Investment Bank will be the agents.

The notes will price on Feb. 25 and settle on Feb. 28.

The Cusip number is 90271B447.

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