Published on 12/10/2009 in the Prospect News Structured Products Daily.
New Issue: Credit Suisse prices $3.75 million Ares linked to lesser-performing of Nikkei 225, Topix
By Angela McDaniels
Tacoma, Wash., Dec. 10 - Credit Suisse, Nassau Branch priced $3.75 million of 0% Accelerated Return Equity Securities due Jan. 13, 2011 linked to the lesser-performing of the Nikkei 225 index and the Topix index, according to a 424B2 filing with the Securities and Exchange Commission.
If the return of the lesser-performing index is positive, the payout at maturity will be par plus triple the gain, subject to a maximum return of 22%. If the return of the lesser-performing index is negative, investors will be exposed to the loss.
Deutsche Bank Trust Co. Americas is the agent.
Issuer: | Credit Suisse, Nassau Branch
|
Issue: | Accelerated Return Equity Securities
|
Underlying indexes: | Nikkei 225 and Topix
|
Amount: | $3.75 million
|
Maturity: | Jan. 13, 2011
|
Coupon: | 0%
|
Price: | Par
|
Payout at maturity: | If lesser-performing index's return is positive, par plus triple the gain, up to maximum return of 22%; if lesser-performing index's return is negative, par minus the decline
|
Initial index levels: | 10,140.47 for Nikkei 225 and 896.70 for Topix
|
Pricing date: | Dec. 8
|
Settlement date: | Dec. 11
|
Agent: | Deutsche Bank Trust Co. Americas
|
Fees: | 1%
|
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.