By Susanna Moon
Chicago, March 16 - UBS AG, London Branch priced $3.75 million of 0% return optimization securities due March 20, 2012 linked to a basket of three equally weighted commodities, according to a 424B2 filing with the Securities and Exchange Commission.
The underlying futures contracts are on corn, soybeans and wheat.
The payout at maturity will be par of $10 plus 1.5 times any basket gain, up to a maximum gain of 26%.
Investors will be exposed to any losses.
UBS Financial Services Inc. and UBS Securities LLC are the underwriters.
Issuer: | UBS AG, London Branch
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Issue: | Return optimization securities
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Underlying basket: | Corn, soybeans and wheat futures contracts
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Amount: | $3,751,500
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Maturity: | March 20, 2012
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Coupon: | 0%
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Price: | Par of $10
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Payout at maturity: | 150% of any basket gain, capped at 26%; exposure to losses
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Pricing date: | March 14
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Settlement date: | March 17
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Underwriters: | UBS Financial Services Inc. and UBS Securities LLC
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Fees: | 2%
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Cusip: | 902669290
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