Credit Suisse plans to price 0% Ares due 2011 linked to Nikkei 225

By Jennifer Chiou

New York, Jan. 27 - Credit Suisse, Nassau Branch plans to price 0% Accelerated Return Equity Securities due March 9, 2011 linked to the Nikkei 225 index, according to an FWP filing with the Securities and Exchange Commission.

The payout at maturity will be par plus 300% of any gain on the index, with an anticipated cap of 14.25% that is to be set at pricing.

Investors are fully exposed to any index decline.

The notes will price on Feb. 2 and settle on Feb. 9.

Credit Suisse Securities (USA) LLC is the underwriter.

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