Credit Suisse plans six-year global basket notes linked to three funds

By Susanna Moon

Chicago, July 30 - Credit Suisse AG, Nassau Branch plans to price 0% CS global basket notes due Aug. 31, 2016 based on the best performing of three baskets consisting of the SPDR S&P 500 ETF trust, the iShares Barclays 20+ Year Treasury Bond fund and the SPDR Gold trust, according to an FWP filing with the Securities and Exchange Commission.

Basket A consists of the SPDR S&P with a 50% weight, the iShares Barclays Treasury fund with a 20% weight and the SPDR Gold with a 30% weight.

Basket B consists of the SPDR S&P with a 20% weight, the iShares Barclays Treasury fund with a 30% weight and the SPDR Gold with a 50% weight.

Basket C consists of the SPDR S&P with a 30% weight, the iShares Barclays Treasury fund with a 50% weight and the SPDR Gold with a 20% weight.

The payout at maturity will be par plus the return of the best-performing basket.

Investors will receive at least par.

The notes (Cusip 22546EXU3) will price on Aug. 26 and settle on Aug. 31.

Credit Suisse Securities (USA) LLC is the underwriter.

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