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Credit Suisse plans buffered return enhanced notes linked to Dow Jones Euro Stoxx 50 via JPMorgan
By Susanna Moon
Chicago, Jan. 7 - Credit Suisse, Nassau Branch plans to price 0% buffered return enhanced notes due Oct. 15, 2010 based on the performance of the Dow Jones Euro Stoxx 50 index, according to an FWP filing with the Securities and Exchange Commission.
J.P. Morgan Securities Inc. and JPMorgan Chase Bank, NA are the agents.
The payout at maturity will be par plus double any index gain, up to a maximum return of at least 11%. The exact cap will be set at pricing.
Investors will receive par if the index falls by up to 10% and will lose 1.1111% for every 1% decline beyond 10%.
The notes are expected to price on Jan. 8 and settle on Jan. 13.
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