UBS plans PLUS due 2015 with cap linked to basket of 17 stocks

By Susanna Moon

Chicago, July 23 – UBS AG, London Branch plans to price 0% Performance Leveraged Upside Securities due Sept. 3, 2015 linked to a basket of 17 stocks, according to a 424B2 filing with the Securities and Exchange Commission.

The basket consists of Altisource Portfolio Solutions SA, SouFun Holdings Ltd. and Vipshop Holdings Ltd., each with a 10% weight, and AGCO Corp., Apple Inc., Baidu, Inc., Ctrip.com International, Ltd., Danaher Corp., Google Inc., Hewlett-Packard Co., International Business Machines Corp., LyondellBasell Industries NV, MasterCard Inc., Qihoo 360 Technology Co. Ltd., Rock-Tenn Co., Sony Corp. and Terex Corp., each with a 5% weight.

The payout at maturity will be par plus triple any gain in the basket, up to a maximum return of 13%.

Investors will be exposed to any losses.

UBS Securities LLC is the agent. Morgan Stanley Smith Barney LLC will handle distribution.

The notes will price on July 31 and settle on Aug. 5.

The Cusip number is 90273E639.

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