Credit Suisse plans 0% Bares linked to basket of two indexes, one fund

By Toni Weeks

San Luis Obispo, Calif., Feb. 18 - Credit Suisse AG plans to price 0% Buffered Accelerated Return Equity Securities due Feb. 25, 2019 linked to the a basket consisting of two indexes and one exchange-traded fund, according to a 424B2 filing with the Securities and Exchange Commission.

The basket is comprised of the S&P 500 index with an 87.5% weight, the Euro Stoxx 50 index with a 7.5% weight and the iShares MSCI Emerging Markets ETF with a 5% weight.

If the basket return is zero or positive, the payout at maturity will be par plus 110% of the basket return.

Investors will receive par if the basket falls by up to 20% and will lose 1% for every 1% loss beyond the 20% buffer.

The notes (Cusip: 22547QJ49) are expected to price Feb. 20 and settle Feb. 25.

Credit Suisse Securities (USA) LLC is the agent.

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