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Published on 9/23/2013 in the Prospect News Structured Products Daily.

UBS plans three-year trigger PLUS tied to WisdomTree Japan Hedged fund

By Susanna Moon

Chicago, Sept. 23 - UBS AG, London Branch plans to price 0% trigger Performance Leveraged Upside Securities due Oct. 5, 2016 linked to the WisdomTree Japan Hedged Equity fund, according to an FWP filing with the Securities and Exchange Commission.

The payout at maturity will be par of $10 plus 1.5 times any fund gain, up to a maximum return of 44.5%. The exact leverage factor will be set at pricing.

Investors will receive par if the shares fall by up to 20% and will be fully exposed to the decline if the fund falls below the 80% trigger level.

UBS Securities LLC is the agent with Morgan Stanley Smith Barney LLC as the dealer.

The notes will price on Sept. 30 and settle on Oct. 3.

The Cusip number is 90271M443.


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