UBS plans contingent return optimization notes linked to Russell 2000

By Susanna Moon

Chicago, Sept. 5 - UBS AG, London Branch plans to price 0% contingent return optimization securities due March 31, 2016 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 plus the greater of the 6% contingent return and any index gain, up to a maximum return of 28% to 34%. 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 Sept. 25 and settle on Sept. 30.

The Cusip number is 90271M237.

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