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Credit Suisse to issue ProNotes linked to global index basket
By Angela McDaniels
Seattle, Sept. 28 - Credit Suisse (USA), Inc. plans to price an issue of 0% ProNotes due Oct. 29, 2010 linked to a basket of global indexes, according to a 424B2 filing with the Securities and Exchange Commission.
The notes are expected to price sometime in October.
The basket will include the S&P 500 index with a 40% weight, the Dow Jones Euro Stoxx 50 index with a 30% weight and the Nikkei 225 index with a 30% weight.
If the final basket level is greater than the initial basket level, the payout at maturity will be par plus the return on the basket. If the final basket level is less than or equal to the initial level, the payout at maturity will be par.
Credit Suisse Securities (USA) LLC will be the underwriter.
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