UBS plans trigger autocallables tied to iShares MSCI Emerging Markets

By Angela McDaniels

Tacoma, Wash., Jan. 17 - UBS AG, London Branch plans to price 0% trigger autocallable optimization securities due Jan. 26, 2017 linked to the iShares MSCI Emerging Markets index fund, according to an FWP filing with the Securities and Exchange Commission.

If the closing share price on any quarterly observation date is greater than the initial share price, the notes will be called at par of $10 plus a call return of 9% to 11% per year. The exact call return will be set at pricing. The first observation date is Jan. 25, 2013.

If the notes are not called and the final share price is greater than or equal to 50% of the initial share price, the payout at maturity will be par. Otherwise, investors will be fully exposed to the share price decline.

The notes (Cusip: 90267W405) are expected to price Jan. 20 and settle Jan. 25.

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

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