Credit Suisse plans to sell ARES linked to the lesser of Nikkei, Topix

By Susanna Moon

Chicago, Dec. 4 - Credit Suisse, Nassau Branch plans to price Accelerated Return Equity Securities due Jan. 13, 2011 based on the performance of the Nikkei 225 index and the Topix index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus triple any gain on the lesser performing index, up to a cap of 22%.

Investors will be exposed to any losses on the lesser performing index.

The notes will price on Dec. 8 and settle on Dec. 11.

Credit Suisse Securities (USA) LLC is the underwriter.

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