New Issue: Credit Suisse prices $1.19 million Bares linked to four indexes

By Angela McDaniels

Tacoma, Wash., Aug. 28 - Credit Suisse, Nassau branch priced $1.19 million of 0% Buffered Accelerated Return Equity Securities due Sept. 4, 2012 linked to a basket of indexes, according to a 424B2 filing with the Securities and Exchange Commission.

The basket includes the Dow Jones Euro Stoxx 50 index with a 40% weight, the FTSE 100 index with a 25% weight, the Nikkei 225 index with a 25% weight and the S&P/ASX 200 index with a 10% weight.

The payout at maturity will be par plus 151% of any basket gain. Investors will receive par if the basket declines by 10% or less and will lose 1% for every 1% decline beyond 10%.

Credit Suisse Securities (USA) LLC is the underwriter.

Issuer:	Credit Suisse, Nassau branch
Issue:	Buffered Accelerated Return Equity Securities
Underlying indexes:	Dow Jones Euro Stoxx 50 (40% weight), FTSE 100 (25% weight), Nikkei 225 (25% weight) and S&P/ASX 200 (10% weight)
Amount:	$1,185,000
Maturity:	Sept. 4, 2012
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 151% of any basket gain; par if basket falls by 10% or less; 1% loss for each 1% decline beyond 10%
Initial index levels:	3,299.15 for Euro Stoxx 50; 5,528.1 for FTSE 100; 12,752.96 for Nikkei 225; 5,011.2 for S&P/ASX 200
Pricing date:	Aug. 27
Settlement date:	Sept. 4
Underwriter:	Credit Suisse Securities (USA) LLC
Fees:	None

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.