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Published on 8/18/2010 in the Prospect News Structured Products Daily.

Credit Suisse to price 0% Bares due 2012 linked to Russell 2000 index

By Marisa Wong

Madison, Wis., Aug. 18 - Credit Suisse AG, Nassau Branch plans to price 0% Buffered Accelerated Return Equity Securities due Sept. 24, 2012 linked to the Russell 2000 index, according to an FWP filing with the Securities and Exchange Commission.

If the final index level is at or above the initial level, the payout at maturity will be par plus a fixed percentage of 24% to 27% that will be set at pricing.

Investors will receive par if the index falls by up to 10% and will be exposed to losses beyond 10%.

The securities (Cusip: 22546EXG4) are expected to price on Sept. 17 and settle on Sept. 24.

Credit Suisse Securities (USA) LLC is the underwriter.


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