New Issue: UBS prices $14.85 million 0% notes linked to three indexes

By Angela McDaniels

Seattle, Nov. 27 - UBS AG priced a $14.85 million issue of zero-coupon principal-protected notes due May 31, 2011 linked to a basket of indexes, according to a 424B2 filing with the Securities and Exchange Commission.

The basket includes the S&P 500 index with a 33.34% weight, the Dow Jones Euro Stoxx 50 index with a 33.33% weight and the Nikkei 225 index with a 33.33% weight.

The payout at maturity will be par of $10.00 plus any positive return on the basket. Investors will receive at least par.

Issuer:	UBS AG
Issue:	Principal-protected notes
Underlying indexes:	S&P 500 (33.34% weight), Dow Jones Euro Stoxx 50 (33.33% weight), Nikkei 225 (33.33% weight)
Amount:	$14.85 million
Maturity:	May 31, 2011
Coupon:	0%
Price:	Par of $10.00
Payout at maturity:	Par plus any positive basket return; floor of par
Pricing date:	Nov. 22
Underwriters:	UBS Investment Bank, UBS Financial Services Inc.
Underwriting discount:	2.75%

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