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Published on 1/5/2015 in the Prospect News Structured Products Daily.

UBS plans contingent return optimization notes linked to Russell 2000

By Susanna Moon

Chicago, Jan. 5 – UBS AG, London Branch plans to price 0% contingent return optimization securities due Jan. 31, 2018 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 trigger level, 75% of the initial index level, the payout at maturity will be par of $10 plus the greater of the 8% contingent return and the index return, up to a maximum return of 33% to 39%.

Otherwise, investors will be fully exposed to any losses.

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

The notes will price on Jan. 27 and settle on Jan. 30.

The Cusip number is 90274F502.


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