Credit Suisse plans to price 0% ARES linked to four Asian indexes

By Marisa Wong

Madison, Wis., Nov. 20 - Credit Suisse AG plans to price 0% Accelerated Return Equity Securities due Nov. 29, 2018 linked to an equally weighted basket of indexes, according to a 424B2 filing with the Securities and Exchange Commission.

The basket consists of the Hang Seng China Enterprises index, the Korea Stock Price Index 200, the MSCI Singapore Free index and the MSCI Taiwan index.

If the final basket level is equal to or greater than the initial level, the payout at maturity will be par plus 185% to 195% of the basket return. The exact upside participation rate will be set at pricing.

Investors will be fully exposed to any losses.

The notes (Cusip: 22547QDQ6) are expected to price Nov. 25 and settle Nov. 29.

Credit Suisse Securities (USA) LLC is the underwriter.

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