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Credit Suisse to price 0% Bares linked to Asian indexes
By Jennifer Chiou
New York, July 6 - Credit Suisse, Nassau branch plans to price 0% Buffered Accelerated Return Equity Securities (Bares) due July 30, 2010 linked to a basket of Asian indexes, according to a 424B2 filing with the Securities and Exchange Commission.
The basket will include equal weights of the Kospi 200, MSCI Taiwan, MSCI Singapore Free and FTSE/Xinhua China 25 indexes.
The payout at maturity will be par plus 120% of any percentage increase in the basket level.
Investors will receive par if the basket level declines by 25% or less and will lose 1% for each 1% decline beyond 25%.
The notes will price and settle in July.
Credit Suisse will be the underwriter.
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