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UBS plans return optimization securities linked to MSCI EAFE
By Susanna Moon
Chicago, Aug. 22 - UBS AG plans to price 0% return optimization securities with partial protection due March 31, 2010 linked to the MSCI EAFE index, according to an FWP filing with the Securities and Exchange Commission.
Payout at maturity will be par plus double any index gain, up to a maximum return of 17.75% to 19.75%. The exact cap will be set at pricing.
Investors will receive par is the index falls by up to 10% and will lose 1% for each 1% drop beyond 10%.
The notes are expected to price on Sept. 25 and settle on Sept. 30.
UBS Financial Services Inc. and UBS Investment Bank will be the underwriters.
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