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Published on 3/15/2011 in the Prospect News Structured Products Daily.

Credit Suisse plans ARES on CS Commodities Benchmark Excess Return

By Toni Weeks

San Diego, March 15 - Credit Suisse AG, Nassau Branch plans to price 0% Accelerated Return Equity Securities due March 31, 2015 linked to the Credit Suisse Commodities Benchmark Excess Return index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus any gain in the index multiplied by an upside participation rate that is expected to be 120% to 130%. The exact participation rate will be set at pricing. Investors will be exposed to any losses.

The securities (Cusip: 22546E2L7) are expected to price on March 24 and settle on March 31.

Credit Suisse Securities (USA) LLC is the agent.


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