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Credit Suisse to price 0% Bares linked to CS/RT Emerging Infrastructure index
By Laura Lutz
Des Moines, March 28 - Credit Suisse, Nassau branch plans to price an offering of 0% Buffered Accelerated Return Equity Securities (Bares) due April 30, 2012 linked to the CS/RT Emerging Infrastructure index powered by HOLT, according to a 424B2 filing with the Securities and Exchange Commission.
If the final index level is at least the initial level, the payout at maturity will be par plus any gain on the index.
The payout will be par if the index declines by up to 10%. Investors will lose 1% for each 1% decline beyond 10%.
The notes are expected to settle on April 30.
Credit Suisse Securities (USA) LLC will be the underwriter.
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