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UBS plans protected notes linked to UBS Bloomberg Constant Maturity Commodity
By Susanna Moon
Chicago, March 25 - UBS AG plans to price 0% performance securities with principal protection linked to the UBS Bloomberg Constant Maturity Commodity Index Excess Return, according to an FWP filing with the Securities and Exchange Commission.
The notes will be due on or about April 30, 2013. The exact maturity will be set at pricing.
The payout at maturity will be par plus any gain on the index. Investors will receive at least par.
The notes are expected to price on April 23 and settle on April 30.
UBS Investment Bank is the underwriter.
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