UBS to price return optimization securities linked to UBS Bloomberg Constant Maturity Commodity index

By Susanna Moon

Chicago, Feb. 1 - UBS AG plans to price zero-coupon return optimization securities due Aug. 31, 2009 linked to the UBS Bloomberg Constant Maturity Commodity Index Excess Return, according to an FWP filing with the Securities and Exchange Commission.

The payout at maturity will be par of $10 plus triple any basket gain, capped at a return expected to be between 20.5% and 23.5%, with the exact cap to be set at pricing.

Investors will be exposed to any basket decline.

The notes are expected to price on Feb. 26 and settle on Feb. 29.

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

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