Credit Suisse plans accelerated return notes linked to Russell 2000

By Angela McDaniels

Tacoma, Wash., Jan. 8 - Credit Suisse AG, Nassau Branch plans to price 0% accelerated return notes linked to the Russell 2000 index via Barclays, according to a 424B2 filing with the Securities and Exchange Commission.

The tenor of the notes is expected to be about 24 months and will be set at pricing.

If the final index level is greater than or equal to the initial index level, the payout at maturity will be par plus at least 200% of the index return, subject to a maximum return of 27% to 28%.

If the final index level is less than the initial index level but greater than or equal to the knock-in level, the payout will be par. The knock-in level is expected to be no greater than 80% of the initial index level.

If the final index level is less than the knock-in level, investors will be fully exposed to the decline from the initial level.

The exact terms will be set at pricing, which will occur in January.

The Cusip number is 22546TT84.

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