E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 9/7/2006 in the Prospect News Convertibles Daily.

Credit Suisse plans issue of 0% ProNotes linked to global index basket

By Jennifer Chiou

New York, Sept. 7 - Credit Suisse (USA), Inc. plans to sell an issue of 0% ProNotes due June 30, 2010 linked to a global index basket, according to a 424B2 filing with the Securities and Exchange Commission.

The basket will include the Dow Jones Euro Stoxx 50 index with a 39% weight, FTSE 100 index with a 29% weight, Nikkei 225 index with a 28% weight and the S&P/ASX 200 index with a 4% weight.

If the final basket level is greater than the initial basket level, investors will share in the percentage gain. Investors will receive par if the basket level is less than or equal to the initial level.

The final basket level will be the average of the level of the indexes on the 23rd day of each month from April 2009 through and including June 2009.

Credit Suisse will be the underwriter.


© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.