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Published on 2/18/2011 in the Prospect News Structured Products Daily.

Credit Suisse to price 0% Bares due 2013 linked to S&P MidCap 400

By Jennifer Chiou

New York, Feb. 18 - Credit Suisse AG, Nassau Branch plans to price 0% Buffered Accelerated Return Equity Securities due March 18, 2013 linked to the S&P MidCap 400 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the final index level is greater than the initial level, the payout at maturity will be par plus 150% of the index return, capped at 26.25% to 32.25%. Investors will receive par for losses up to 10% and will share in any losses beyond the buffer.

The notes (Cusip: 22546EW34) will price on March 11 and settle on March 16.

Credit Suisse Securities (USA) LLC is the underwriter.


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