By Susanna Moon
Chicago, March 6 - Credit Suisse, Nassau Branch sells $2.02 million of 0% Buffered Accelerated Return Equity Securities due March 9, 2011 linked to the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.
The payout at maturity will be par plus 125% of any index gain, up to a maximum return of 62%.
Investors will receive par if the index falls by up to 20% and will be exposed to losses beyond 20%.
Credit Suisse Securities (USA) LLC will be the underwriter.
| Issuer: | Credit Suisse, Nassau Branch
|
| Issue: | Buffered Accelerated Return Equity Securities
|
| Underlying index: | Russell 2000
|
| Amount: | $2.02 million
|
| Maturity: | March 9, 2011
|
| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | Par plus 125% of any index gain, capped at 62%; par if index falls by up to 20%; exposure to losses beyond 20%
|
| Initial level: | 349.45
|
| Pricing date: | March 5
|
| Settlement date: | March 10
|
| Underwriter: | Credit Suisse Securities (USA) LLC
|
| Fees: | 0.10%
|
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