Published on 2/26/2007 in the Prospect News Structured Products Daily.
New Issue: Credit Suisse prices $4.3 million 0% ProNotes linked to Asian index basket
By Angela McDaniels
Seattle, Feb. 26 - Credit Suisse (USA), Inc. priced a $4.3 million offering of 0% ProNotes due Nov. 30, 2011 linked to a basket of Asian indexes, according to a 424B2 filing with the Securities and Exchange Commission.
The basket includes equal weights of the FTSE/Xinhua China 25, Korea Stock Price 200, MSCI Singapore Free and MSCI Taiwan indexes.
The payout at maturity will be par plus any positive return on the basket. Investors will receive at least par.
Issuer: | Credit Suisse (USA), Inc.
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Issue: | ProNotes
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Underlying indexes: | FTSE/Xinhua China 25, Korea Stock Price 200, MSCI Singapore Free and MSCI Taiwan, equally weighted
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Amount: | $4.3 million
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Maturity: | Nov. 30, 2011
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Coupon: | 0%
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Price: | Par
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Payout at maturity: | Par plus any positive basket return, floor of par
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Pricing date: | Feb. 22
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Settlement date: | Feb. 28
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Underwriter: | Credit Suisse Securities (USA) LLC
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Underwriting discount: | 2.75%
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