Credit Suisse plans to price Bares due 2017 linked to S&P 500 index

By Jennifer Chiou

New York, Oct. 31 - Credit Suisse AG plans to price 0% Buffered Accelerated Return Equity Securities due May 30, 2017 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the final index level is greater than or equal to the initial index level, the payout at maturity will be par plus 17% to 20%.

Investors will receive par if the index falls by 20% or less and will lose 1% for every 1% that the index declines beyond 20%.

The notes (Cusip: 22547QD78) are expected to price on Nov. 26 and settle on Nov. 29.

Credit Suisse Securities (USA) LLC is the underwriter.

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