By E. Janene Geiss
Philadelphia, Dec. 26 - Credit Suisse (USA), Inc. priced a $777,000 issue of 0% ProNotes due Jan. 14, 2011 linked to a global index basket, according to a 424B2 filing with the Securities and Exchange Commission.
The basket includes the Dow Jones Euro Stoxx 50 index with a 40% weight, the FTSE 100 index with a 25% weight, the Nikkei 225 index with a 25% weight and the S&P/ASX 200 index with a 10% weight.
If the final basket level is greater than the initial basket level, investors will receive par plus the percentage increase of the basket. 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 7th day of each month from November 2010 through and including January 2011.
Credit Suisse is the underwriter.
| Issuer: | Credit Suisse (USA), Inc.
|
| Issue: | ProNotes
|
| Underlying indexes: | Dow Jones Euro Stoxx 50 (40% weight), FTSE 100 (25% weight), Nikkei 225 (25% weight), S&P/ASX 200 (10% weight)
|
| Amount: | $777,000
|
| Maturity: | Jan. 14, 2011
|
| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | Par plus the percentage increase of the basket; floor of par
|
| Pricing date: | Dec. 26
|
| Settlement date: | Dec. 28
|
| Underwriter: | Credit Suisse Securities (USA) LLC
|
| Fees: | 2.5%
|
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