Credit Suisse plans buffered participation equity notes on two indexes

By Marisa Wong

Madison, Wis., Nov. 14 - Credit Suisse AG, Nassau Branch plans to price 0% buffered participation equity securities linked to an unequally weighted basket, according to a 424B2 filing with the Securities and Exchange Commission.

The basket consists of the MSCI EAFE index, with an 80% weight, and the Euro Stoxx 50 index multiplied by the performance of the euro relative to the dollar, with a 20% weight.

The notes are expected to mature 28 to 32 months after pricing.

If the final basket level is greater than the initial level, the payout at maturity will be par plus 100% to 110% times the basket gain. Investors will receive par for losses up to 15% and will lose 1.1765% per 1% drop beyond the buffer.

The exact terms will be set at pricing.

Credit Suisse Securities (USA) LLC is the agent.

The notes (Cusip: 22546TJ69) will price and settle in November.

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