UBS plans 8.5%-11% trigger yield optimization notes tied to JPMorgan

By Susanna Moon

Chicago, Jan. 10 - UBS AG, London Branch plans to price 8.5% to 11% trigger yield optimization notes due Jan. 18, 2013 linked to JPMorgan Chase & Co. shares, according to an FWP with the Securities and Exchange Commission.

Interest will be payable monthly.

The face amount of each note will be equal to the initial price of JPMorgan stock.

The payout at maturity will be par in cash unless the final price of JPMorgan stock is less than 75% of the initial share price, in which case investors will receive one JPMorgan share per note.

UBS Financial Services Inc. and UBS Investment Bank are the agents.

The notes will price on Jan. 13 and settle on Jan. 19.

The Cusip is 90267V878.

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