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Credit Suisse plans 0% four-year Bares linked to indexes, fund basket
By Susanna Moon
Chicago, April 27 - Credit Suisse, Nassau Branch plans to price 0% Buffered Accelerated Return Equity Securities due June 3, 2014 based on a basket of two indexes and an index fund, according to a 424B2 filing with the Securities and Exchange Commission.
The basket consists of the S&P 500 index with a 50% weight, the iShares MSCI EAFE index fund with a 25% weight and the S&P BRIC 40 index with a 25% weight.
The payout at maturity will be par plus 105% of any basket gain.
Investors will receive par if the basket falls by up to 15% and will be exposed to losses beyond 15%.
The notes will price on May 26 and settle on June 3.
Credit Suisse Securities (USA) LLC is the underwriter.
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