Credit Suisse plans 18-month 0% Bares on Market Vectors Gold Miners

By Susanna Moon

Chicago, Sept. 1 - Credit Suisse AG, Nassau Branch plans to price 0% Buffered Accelerated Return Equity Securities due April 5, 2012 based on the Market Vectors Gold Miners exchange-traded fund, according to an FWP filing with the Securities and Exchange Commission.

If the fund finishes above its initial price, the payout at maturity will be par plus a fixed return of 20.5% to 23.5%. The exact percentage will be set at pricing.

Investors will receive par if the shares fall by up to 10% and will be exposed to declines beyond 10%.

The notes (Cusip 22546EZF4) will price on Sept. 30 and settle on Oct. 5.

Credit Suisse Securities (USA) LLC will be the underwriter.

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