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 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.
Issue:ProNotes
Underlying indexes:FTSE/Xinhua China 25, Korea Stock Price 200, MSCI Singapore Free and MSCI Taiwan, equally weighted
Amount:$4.3 million
Maturity:Nov. 30, 2011
Coupon:0%
Price:Par
Payout at maturity:Par plus any positive basket return, floor of par
Pricing date:Feb. 22
Settlement date:Feb. 28
Underwriter:Credit Suisse Securities (USA) LLC
Underwriting discount:2.75%

© 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.